Comment on “The endogenous aggregate elasticity of substitution for a small open economy” |
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Authors: | Kaz Miyagiwa |
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Affiliation: | aThe Institute of Social and Economic Research, Osaka University, 6-1 Mihogaoka, Ibaraki, Osaka 567-0047, Japan;bDepartment of Economics, Emory University, 1602 Fishburne Drive, Atlanta, GA 30322, USA |
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Abstract: | This note applies the approach of Miyagiwa and Papageorgiou [Miyagiwa, K. and Papageorgiou, C., 2007. Endogenous aggregate elasticity of substitution. Journal of Economic Dynamics and Control 31, 2899–2919] to provide simple frameworks for endogenizing the aggregate elasticity of substitution between capital and labor for a growing small open economy. |
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Keywords: | Endogenous aggregate elasticity of substitution Small open economy Economic growth |
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