Article
Dynamic Scale Economies, Specialization, and the Cost of the Single Currency
International Journal of Development Planning Literature
(1999)
Abstract
The paper explores the effect of exchange rate policy, labour market intervention and technological change on the structure of the Ricardian specialization of countries in presence of Economies of scale and learning-by-doing. The model is developed with the EU in mind.
Disciplines
Publication Date
October, 1999
Citation Information
Luca De Benedictis and Piercarlo Padoan. "Dynamic Scale Economies, Specialization, and the Cost of the Single Currency" International Journal of Development Planning Literature Vol. 14 Iss. 4 (1999) Available at: http://works.bepress.com/luca_de_benedictis/4/