Growth and Trade: The North can Lose
Models on the composition of trade and growth often assume that the technological content of trade is negatively correlated with the income of the trading partner. First, this paper shows that this assumption is not supported empirically. Second, it presents a Ricardian model with non-homothetic preferences.
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Working Papers biblioteca |
| Language: | English |
| Published: |
Inter-American Development Bank
|
| Subjects: | Integration and Trade, F15 - Economic Integration, O41 - One Two and Multisector Growth Models, autarchy;United States;trade, |
| Online Access: | http://dx.doi.org/10.18235/0011604 https://publications.iadb.org/en/growth-and-trade-north-can-lose |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|