Title: | Free trade and economic growth: The role of talent diversity |
Authors: | Fang, C (Fang, Chen) Kuo, KH (Kuo, Kuo-Hsing) Lee, CT (Lee, Cheng-Te) |
Contributors: | 國貿系 |
Keywords: | diversity economic growth free trade F10 O40 |
Date: | 2020-01 |
Issue Date: | 2020-02-07 14:54:11 (UTC+8) |
Abstract: | To analyse the impact of the diversity of talent distribution on the equilibrium growth rate, this paper develops an equilibrium growth model with heterogeneous labor. We show that the growth effect after free trade depends on the diversity effect and the trade effect. In addition, we prove that if talent diversity is great enough then opening trade will stimulate economic growth. In contrast, if talent diversity is small enough then trade openness is detrimental to economic growth. |
Relation: | BULLETIN OF ECONOMIC RESEARCH 卷冊: 72 期: 1 頁數: 1-13 |
Appears in Collections: | [Department of International Trade 7 Graduate Institute of International Trade ] periodical articles
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