Dynamic Comparative Advantage and the Welfare Effects of Trade
Dynamic Comparative Advantage and the Welfare Effects of Trade
复制标题
动态比较优势和贸易的福利效应
DOI:
10.1093/oep/51.1.15
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发表时间:
1997
期刊:
影响因子:
--
通讯作者:
S. Redding
中科院分区:
文献类型:
--
作者:
S. Redding
This paper argues that developing economies may face a trade-off between specializaing according to existing comparative advantage (in low-technology goods), and entering sectors in which they currently lack a comparative advantage, but may acquire such an advantage in the future as a result of the potential for productivity growth (in high-technology goods). Comparative advantage is endogenously determined by past technological change, while simultaneously shaping current rates of innovation.