▲ 3 r/econhw
Not so much a homework: Is there any adaption of Baumol‘s Cost Disease to an open economy? I am writing a paper about productivity and trade and am was unable to find any adaptations of Baumol’s Cost Disease to open economies so far.
So, are there any adaptations you are aware of?
u/Bubbly_Earth_5959 — 26 days ago