Search frictions, market power, and long run growth
Article Abstract:
The effects of search frictions on market structure, capital accumulation, and long-run growth are studied by using AK growth model in a product market research. The results showed negative correlation between the growth and the stock market induced by a lower search cost.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2004
Models, Capital formation
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2004
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Economic integration and agglomeration in a middle product economy
Article Abstract:
The correlation between economic integration, labor agglomeration, and economic growth and their effect on the goods trade in a middle-product economy is discussed.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2006
Taiwan, Forecasts, trends, outlooks, Belgium, Economic aspects, Forecasts and trends, Market trend/market analysis, Labor mobility, International economic integration, Economic integration, Commerce, Labour mobility, Economic systems
Publication Name: Journal of Economic Theory
Subject: Economics
ISSN: 0022-0531
Year: 2006
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Subjects list: United States, Economic development
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