Tenku, N. (2025) Trade Deficit and Economic Growth: Policy Advice to 15 European Union Countries. Modern Economy, 16, 114-134 ...

I first develop a simple endogenous growth model that emphasizes the process of technological absorption in small developing countries. According to this model countries that liberalize their ...

Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international ...