?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F14297%2F&rft.title=Sustained+Comparative+Advantage+and+Semi-Endogenous+Growth&rft.creator=Petsas%2C+Iordanis&rft.subject=F0+-+General&rft.subject=O30+-+General&rft.subject=O10+-+General&rft.subject=O40+-+General&rft.description=This+paper+constructs+a+two-country+(Home+and+Foreign)+general+equilibrium+model+of+Schumpeterian+growth+without+scale+effects.+The+scale+effects+property+is+removed+by+introducing+a+distinct+specification+in+the+knowledge+production+function+which+generates+semi-endogenous+growth.+In+this+model+of+semi-endogenous+growth%2C+an+increase+in+the+rate+of+population+growth+rate+raises+Home%E2%80%99s+relative+wage+and+lowers+its+range+of+goods+exported+to+Foreign.+An+increase+in+the+size+of+innovations+increases+Home%E2%80%99s+relative+wage+but+with+an+ambiguous+effect+on+its+comparative+advantage.+The+model+generates+a+unique+steady-state+equilibrium+in+which+there+is+complete+specialization+in+both+goods+and+R%26D+production+within+each+country.&rft.date=2009-01&rft.type=MPRA+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F14297%2F1%2FMPRA_paper_14297.pdf&rft.identifier=++Petsas%2C+Iordanis++(2009)%3A+Sustained+Comparative+Advantage+and+Semi-Endogenous+Growth.++++&rft.language=en