ARTÍCULO
TITULO

ECONOMIC INTEGRATION AND ENDOGENOUS GROWTH: AN EXPLANATION USING AK MODEL

Phan Khoa Cuong    
Tran Thi Bich Ngoc    
Bui Thanh Cong DOI: 10.26459/hueuni-jed.v128i5C.5082    

Resumen

Abstract: This research investigates the impacts of economic integration on endogenous growth by an application of the AK learning-by-doing model. Assuming that the knowledge that increases the productivity of labor will be created by accumulated capital, we divide economic integration into two different categories: one-way and two-way integration. The results show that two identical countries cannot have any benefits from economic integration. If two countries are different, the domestic country should only integrate with foreign countries that have a lower cost of capital of wage, or higher learning coefficient (the speed of transferring accumulated capital to knowledge) in the case of one-way integration. The same conclusion is still drawn in the case of two-way integration for two similar countries.Keywords: economic integration, endogenous growth, AK model

 Artículos similares

       
 
Zied Akrout,Hamid Bachouch,Salim Moualdi     Pág. 26 - 33
This study examines the relationship between corruption and economic growth in Tunisia from 1992 to 2018 by focusing on the role of the discretionary power and the distortion of the public spending. To explore the relationship between the variables of in... ver más

 
Amjad Ali,Marc Audi,Yannick Roussel     Pág. 17 - 27
This paper has examined the effect of urbanization and economic misery on average life expectancy in selected MENA nations from 2001 to 2016. Panel ARDL has been used for reviewing the co-integration among the selected indicators. The causality of the va... ver más

 
PAUL NDUBUISI     Pág. Page:14 - 24Abstract
This paper explores the causal impact of financial deepening over the period 1993Q1?2020Q4 on the contribution of the Wholesale and Retail, Service and Construction sectors to economic growth in Nigeria, using a co-integration research method of Auto-reg... ver más

 
Amjad Ali,Marc Audi,Chan Bibi,Yannick Roussel     Pág. 92 - 99
This study has investigated the impact of gender inequality and environmental degradation on human well-being in the case of Pakistan from 1980 to 2019. Augmented Dickey-Fuller unit root test is used for stationarity of the variables. The Autoregressive ... ver más

 
Peter Uchenna OKOYE,Chukwuemeka NGWU,Christian Ifeanyi OHAEDEGHASI     Pág. 17 - 38
The increasing rate of poverty and unemployment in Nigeria has necessitated further efforts towards alternative means of reducing the trend, outside the government?s microeconomic mechanisms. As a sector with multiplier effects on other sectors of econom... ver más