Advanced Search
MyIDEAS: Login to save this article or follow this journal

Knowledge, Growth and Patterns of Trade

Contents:

Author Info

  • Zhang, Wei-Bin

Abstract

The purpose of this study is to develop a dynamic economic framework of international trade. We propose a compact framework to deal with the complexity of dynamic interactions between consumer preferences, economic structures, the endogenous accumulation of capital and knowledge, and international trade. As an illustration, we describe in an example the dynamics of a world economy with one sector and two countries. It is shown that even in this simplified case the model may exhibit either a unique equilibrium or multiple equilibria and each equilibrium may be either stable or unstable, depending on the characteristics of the knowledge creation and utilization in the two countries. It is shown that free trade may either benefit or harm the world economy in the long term. Our framework is compared with the traditional literature on trade theory and we point out a few possible directions for further development.

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Springer in its journal Annals of Regional Science.

Volume (Year): 28 (1994)
Issue (Month): 3 (September)
Pages: 285-303

as in new window
Handle: RePEc:spr:anresc:v:28:y:1994:i:3:p:285-303

Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00168/index.htm
More information through EDIRC

Order Information:
Web: http://link.springer.de/orders.htm

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Sonali Deraniyagala & Ben Fine, 2000. "New Trade Theory Versus Old Trade Policy: A Continuing Enigma," Working Papers 102, Department of Economics, SOAS, University of London, UK.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:28:y:1994:i:3:p:285-303. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.