An Elementary Proposition on Technical Progress and Non-traded Goods
AbstractWe explore the e ect of technical progress on the endogenously determined range of non-traded goods by using a Ricardian model with continuum of goods. By de ning technical progress on the basis of proportional changes in the relative productivity across sectors, we show that the range of non-traded goods decreases if technical progress is unbiased or if it is biased toward the goods that a country has more comparative advantage.
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Bibliographic InfoPaper provided by College of Business, University of Texas at San Antonio in its series Working Papers with number 0018.
Length: 13 pages
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Non-traded good range; technical progress;
Find related papers by JEL classification:
- F1 - International Economics - - Trade
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- D2 - Microeconomics - - Production and Organizations
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