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Economic Integration and Endogenous Growth
Abstract
In a world with two similar, developed economies, economic integration can cause a permanent increase in the worldwide rate of growth. Starting from a position of isolation, closer integration can be achieved by increasing trade in goods or by increasing flows of ideas. We consider two models with different specifications of the research and development sector that is the source of growth. Either form of integration can increase the long-run rate of growth if it encourages the worldwide exploitation of increasing returns to scale in the research and development sector.
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Citations
Cites
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
Long-Run Policy Analysis and Long-Run Growth
Rebelo, S. (1991) · Journal of Political Economy · doi:10.1086/261764 · Cited by 3,319
Cited by
Labor- and Capital-Augmenting Technical Change
Acemoglu, D. (2003) · Journal of the European Economic Association · doi:10.1162/154247603322256756 · Cited by 747
Trade, Foreign Direct Investment, and International Technology Transfer: A Survey
Saggi, K. (2002) · The World Bank Research Observer · doi:10.1093/wbro/17.2.191 · Cited by 732
Slow Convergence? The New Endogenous Growth Theory and Regional Development*
Martin, R., & Sunley, P. (1998) · Economic Geography · doi:10.1111/j.1944-8287.1998.tb00113.x · Cited by 470
Technology spillover through trade and TFP convergence: 135 years of evidence for the OECD countries
Madsen, J. B. (2007) · Journal of International Economics · doi:10.1016/j.jinteco.2006.12.001 · Cited by 332
Technology, trade, and growth: A unified framework
Eaton, J., & Kortum, S. (2001) · European Economic Review · doi:10.1016/s0014-2921(01)00129-5 · Cited by 247
Metadata
- Authors
- Rivera-Batiz, L. A., & Romer, P. M.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1991-05
- Volume
- 106
- Issue
- 2
- Pages
- 531
- ISSN
- 0033-5533 (ISSN-L)
- OpenAlex
- W3123590692
- Cited by
- 2,022
- References
- 2
- FWCI
- 60.22
- Type
- journal article
- Language
- en
- Open access
- closed
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- Rivera-Batiz, L. A., & Romer, P. M. (1991). Economic Integration and Endogenous Growth. The Quarterly Journal of Economics. https://doi.org/10.2307/2937946
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
