Rich and Poor Countries in Neoclassical Trade and Growth

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Rich and Poor Countries in Neoclassical Trade and Growth

Author Info

Deardorff, A.V.

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Alan V. Deardorff

Abstract

A neoclassical growth model is used to provide an explanation for a "poverty trap," or "club convergence," in terms of specialization and international trade. The model has a large number of countries with access to identical constant-returns-to-scale technologies for producing and trading three goods using capital and labor.

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Paper provided by Research Seminar in International Economics, University of Michigan in its series Working Papers with number 402.

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Length: 41 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:mie:wpaper:402

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Article
- Deardorff, Alan V, 2001. "Rich and Poor Countries in Neoclassical Trade and Growth," Economic Journal, Royal Economic Society, vol. 111(470), pages 277-94, April. [Downloadable!] (restricted)

Find related papers by JEL classification:
F11 - International Economics - - Trade - - - Neoclassical Models of Trade
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

Cited by:
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Trejos, Alberto & Ferreira, Pedro Cavalcanti Gomes, 2008. "Trade in intermediate goods and total factor productivity," Economics Working Papers (Ensaios Economicos da EPGE) 676, Graduate School of Economics, Getulio Vargas Foundation (Brazil). [Downloadable!]
Ventura, Jaume, 2005. "Global View of Economic Growth," CEPR Discussion Papers 5059, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Other versions:
- Jaume Ventura, 2005. "A Global View of Economic Growth," Economics Working Papers 849, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
- Jaume Ventura, 2005. "A Global View of Economic Growth," NBER Working Papers 11296, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
- Ventura, Jaume, 2005. "A Global View of Economic Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 22, pages 1419-1497 Elsevier. [Downloadable!] (restricted)
Alejandro Cunat & Marco Maffezzoli, 2004. "Neoclassical Growth and Commodity Trade," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 707-736, July. [Downloadable!] (restricted)
Other versions:
- Cuñat, Alejandro & Maffezzoli, Marco, 2002. "Neoclassical Growth and Commodity Trade," CEPR Discussion Papers 3322, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Christine Greenhalgh, 2002. "Rich Man, Poor Man, Beggar Man, Thief - But Who is Who in the Capitalist Economy," Economics Series Working Papers 119, University of Oxford, Department of Economics. [Downloadable!]
Alejandro Cunat & Marco Maffezzoli, 2003. "The Generalized Neoclassical Growth Model," Working Papers 231, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University. [Downloadable!]
Jonathan Conning & Michael Kevane, 2005. "Freedom, Servitude and Voluntary Contract," Hunter College Department of Economics Working Papers 408, Hunter College: Department of Economics. [Downloadable!]

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