Vertical Specialization with Heterogeneous Entrepreneurs: Can Trade Promote Industrialization of Developing Countries?
AbstractThis paper explores the theoretical link between trade liberalization and industrial development indeveloping economies. A two-country, three- good, and three-factor computable general equilibrium model is developed, which features a capital-intensive intermediate good, and a special factor of production, the entrepreneurial skill.
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Bibliographic InfoPaper provided by Minnesota - Center for Economic Research in its series Papers with number 310.
Length: 27 pages
Date of creation: 2001
Date of revision:
Contact details of provider:
Postal: UNIVERSITY OF MINNESOTA, CENTER FOR ECONOMIC RESEARCH, DEPARTMENT OF ECONOMICS, MINNEAPOLIS MINNESOTA 35455 U.S.A.
Web page: http://www.econ.umn.edu/
More information through EDIRC
TRADE ; INDUSTRIALIZATION ; DEVELOPING COUNTRIES;
Find related papers by JEL classification:
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- F10 - International Economics - - Trade - - - General
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