Growth%20and%20Trade%3A%20The%20North%20Can%20Lose

Working Papers

Growth and Trade: The North Can Lose


CODE: WP-334
AUTHOR(s): Spilimbergo, Antonio
PUBLISHED: January 1997
LANGUAGE: English
RELATED TOPICS: Trade
DOWNLOAD FILE IN: English

Abstract:

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.

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