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Growth, trade and uneven development

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  • William Darity
  • Lewis S. Davis

Abstract

Theories of growth and international trade are reviewed critically from the perspective of understanding persistent inter-country and inter-regional income inequality. Three separate literatures are considered for the insights they offer about international disparity: Classical political economy, the North--South trade models, and the 'new' growth and trade theories that incorporate increasing returns and/or product differentiation. Classical antecedents of the more recent theories are identified, and contrasts are drawn between structuralist and neoclassical approaches to explaining the income gap between rich and poor nations. Copyright 2005, Oxford University Press.

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Bibliographic Info

Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

Volume (Year): 29 (2005)
Issue (Month): 1 (January)
Pages: 141-170

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Handle: RePEc:oup:cambje:v:29:y:2005:i:1:p:141-170

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Cited by:
  1. Demir, Firat & Dahi, Omar S., 2009. "Asymmetric Effects of Financial Development on South-South and South-North Trade: Panel Data Evidence from Emerging Markets," MPRA Paper 19177, University Library of Munich, Germany.
  2. Jomo Kwame Sundaram & Rudiger von Arnim, 2008. "Economic liberalization and constraints to development in sub-Saharan africa," Working Papers 67, United Nations, Department of Economics and Social Affairs.
  3. Castellacci, Fulvio, 2008. "Innovation and the competitiveness of industries: comparing the mainstream and the evolutionary approaches," MPRA Paper 27523, University Library of Munich, Germany.
  4. Fulvio Castellacci, 2007. "Technological regimes and sectoral differences in productivity growth ," Industrial and Corporate Change, Oxford University Press, vol. 16(6), pages 1105-1145, December.
  5. Castellacci, Fulvio, 2008. "Technology clubs, technology gaps and growth trajectories," MPRA Paper 27595, University Library of Munich, Germany.
  6. Castellacci, Fulvio, 2007. "Technological regimes and sectoral differences in productivity growth," MPRA Paper 27598, University Library of Munich, Germany.
  7. Tine Olsen & Brett Inder, 2008. "Coffee Commodity Chain," Development Research Unit Working Paper Series 06/08, Monash University, Department of Economics.
  8. Bilge Erten, 2010. "Industrial Upgrading and Export Diversification: A Comparative Analysis of Economic Policies in Turkey and Malaysia," Working Papers id:2778, eSocialSciences.
  9. Andre Varella Mollick & Joao Ricardo Faria & Pedro H. Albuquerque & Miguel A. Leon-Ledesma, 2005. "Can Globalisation Stop the Decline in Commodities' Terms of Trade? The Prebisch-Singer Hypothesis Revisited"," Studies in Economics 0510, Department of Economics, University of Kent.
  10. André Varella Mollick & Jo�o Ricardo Faria & Pedro H. Albuquerque & Miguel A. León-Ledesma, 2008. "Can globalisation stop the decline in commodities' terms of trade?," Cambridge Journal of Economics, Oxford University Press, vol. 32(5), pages 683-701, September.

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