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The home market effect, economic growth, and the dynamic trade patterns

dc.contributor.authorGiraldo Salazar, Iaderspa
dc.date.accessioned2023-06-21T22:23:05Z
dc.date.available2023-06-21T22:23:05Z
dc.date.issued2019-07-09
dc.identifier.issn0885-3908
dc.identifier.urihttp://hdl.handle.net/10726/5084
dc.language.isoeng
dc.publisherTaylor & Francis Inc.
dc.titleThe home market effect, economic growth, and the dynamic trade patternseng
dc.typearticle
dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccess
dc.rights.localAcceso Restringido
dc.type.versioninfo:eu-repo/semantics/acceptedVersion
dc.identifier.instnameinstname:Colegio de Estudios Superiores de Administración – CESA
dc.identifier.reponamereponame:Biblioteca Digital – CESA
dc.identifier.repourlrepourl:https://repository.cesa.edu.co/
dc.description.abstractenglishIn spite of increasing globalization, the effects of international trade on economic growth remain unclear. I consider an endogenous economic growth model in an open economy with the home market effect and non-homothetic preferences to identify the determinants of the various results in this relationship. The model shows how trade between similar countries leads to convergence in economic growth when knowledge spillovers are present, while trade between highly asymmetric countries produces divergence and may become trade in a poverty or growth trap. Besides, international trade does not necessarily imply greater welfare, as is usual in a static context under CES preferences.eng
dc.type.coarhttp://purl.org/coar/resource_type/c_2df8fbb1
dc.relation.citationvolume33
dc.relation.citationissue6
dc.relation.citationstartpage555
dc.relation.citationendpage580
dc.contributor.orcidGiraldo Salazar, Iader [0000-0003-3068-6384]
dc.type.driverinfo:eu-repo/semantics/article
dc.type.redcolhttp://purl.org/redcol/resource_type/ART
dc.type.coarversionhttp://purl.org/coar/version/c_71e4c1898caa6e32
dc.contributor.scopusGiraldo Salazar, Iader [57200334862]
dc.description.orcidhttps://orcid.org/0000-0003-3068-6384
dc.description.scopushttps://www.scopus.com/authid/detail.uri?authorId=57200334862
dc.identifier.eissn1521-0545
dc.relation.ispartofjournalThe International Trade Journal
dc.identifier.doihttps://doi.org/10.1080/08853908.2019.1635055
dc.subject.proposalInternational trade
dc.subject.proposalEconomic growth
dc.subject.proposalHome market effect
dc.subject.proposalNon-homothetic preferences
dc.rights.coarhttp://vocabularies.coar-repositories.org/access_rights/c_16ec/


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