Search frictions, market power, and long run growth

Article Abstract:

The effects of search frictions on market structure, capital accumulation, and long-run growth are studied by using AK growth model in a product market research. The results showed negative correlation between the growth and the stock market induced by a lower search cost.

Models, Capital formation

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Economic integration and agglomeration in a middle product economy

Article Abstract:

The correlation between economic integration, labor agglomeration, and economic growth and their effect on the goods trade in a middle-product economy is discussed.

Taiwan, Forecasts, trends, outlooks, Belgium, Economic aspects, Forecasts and trends, Market trend/market analysis, Labor mobility, International economic integration, Economic integration, Commerce, Labour mobility, Economic systems

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