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Especialización, tecnología y crecimiento en el modelo Ricardiano [Specialization, technology and growth in the Ricardian model]

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Author Info

  • Gabriel Porcile

    (UFPR)

  • Marcio Holland

    (FGV-SP)

  • Mario Cimoli

    (ECLAC)

  • Luciana Rosas

    (UFPR)

Abstract

The paper presents a North-South trade model that discusses how changes in the technology gap affect specialization and growth in the Southern economy. The contribution of the paper is to propose a new specification for the influence of the technology gap on the pattern of specialization. It also analyzes the implications of the dynamics of the technology gap for the process of international convergence and divergence, within the context of a Ricardian trade model with a continuum of goods. Subsequently, the predictions of the model are tested through a panel analysis of the determinants of economic growth in the nineties. With this objective, new proxies recently proposed by the literature for the technological variable (the Schumpeterian dimension of the model) and for the dynamism of the pattern of specialization (the Keynesian dimension) were included in the empirical work.

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Bibliographic Info

Article provided by Economics Department, Universidade Federal de Minas Gerais (Brazil) in its journal Nova Economia.

Volume (Year): 16 (2006)
Issue (Month): 3 (September-December)
Pages: 483-506

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Handle: RePEc:nov:artigo:v:16:y:2006:i:3:p:483-506

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Related research

Keywords: Ricardian model; economic growth; international convergence and divergence;

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References

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  1. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S71-102, October.
  2. Erik S. Reinert, . "Competitiveness and its predecessors - a 500-year cross-national perspective," STEP Report series 199403, The STEP Group, Studies in technology, innovation and economic policy.
  3. Daniele Archibugi & Alberto Coco, 2004. "A New Indicator of Technological Capabilities for Developed and Developing Countries (ArCo)," SPRU Working Paper Series 111, SPRU - Science and Technology Policy Research, University of Sussex.
  4. Fagerberg, Jan, 1994. "Technology and International Differences in Growth Rates," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1147-75, September.
  5. Maurice Obstfeld & Kenneth S. Rogoff, 1996. "Foundations of International Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262150476, December.
  6. Dornbusch, Rudiger & Fischer, Stanley & Samuelson, Paul A, 1977. "Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods," American Economic Review, American Economic Association, vol. 67(5), pages 823-39, December.
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