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AA00260492-20050001-0083.pdf
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Download
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:871.5 KB
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Total downloads since Dec 16, 2009 : 1174
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| Title |
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A two-country dynamic model with endogenous time preferences
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Kikuchi, Toru
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キクチ, トオル
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Kikuchi, Toru
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Graduate School of Economics , Kobe University, Kobe, Japan
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Shimomura, Koji
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シモムラ, コウジ
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Shimomura, Koji
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Research Institute for Economics and Business Administration, Kobe University, Kobe, Japan
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Keio Economic Society, Keio University
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2005
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Keio economic studies
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42
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1/2
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2005
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83
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102
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| Abstract |
This paper formulates a two-country by two-factor by two-good dynamic general equilibrium model of international trade with endogenous time preferences. After proving the existence, uniqueness and local saddlepoint stability of the steady state, we apply the present dynamic model to a trade issue concerning international technology transfer in order to show that the eect of once-for-all technology transfer upon the donor country may dier between the dynamic model and the standard static Heckscher-Ohlin model.
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| Dynamic Heckscher-Ohlin model
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| Endogenous time preferences
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Special issue in honor of Prpfessor Michihiro Ohyama
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