Download This PaperAutarkic Indeterminacy and Trade Determinacy
NTU Economic Growth Centre Working Paper Series
16 Pages Posted: 5 Jul 2007
Date Written: July 2007
Abstract
We extend the model of Nishimura and Shimomura (2002) to consider a two-country framework where under autarky indeterminacy arises in one country but determinacy in the other, and show that indeterminacy could be eliminated when trade takes place between the two.
Keywords: Indeterminacy, Trade, Two-Country Framework
JEL Classification: E32, F00, F11, F43
Suggested Citation: Suggested Citation
Sim, Nicholas and Ho, Kong Weng, Autarkic Indeterminacy and Trade Determinacy (July 2007). NTU Economic Growth Centre Working Paper Series, Available at SSRN: https://ssrn.com/abstract=998198 or http://dx.doi.org/10.2139/ssrn.998198
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