IDEAS home Printed from https://ideas.repec.org/a/bla/buecrs/v41y1989i3p185-96.html
   My bibliography  Save this article

World Income Shares and the Terms of Trade: A North-South Growth Cycle

Author

Listed:
  • Mainwaring, Lynn

Abstract

The trading relationship between a primary-producing South and a manufacturing North has dynamic properties of conflict and symbiosis similar to those of the closed-economy, worker-capitalist relationship. In a simple model, these dynamics may lead to cyclical behavior involving two variables--the southern share of world income and the rate of exploitation of primary producing capacity. The rate of change of the terms of trade is also cyclical. Long-run income shares are constant, however, implying that the southern terms of trade rise by just enough to offset productivity savings on primary inputs. Copyright 1989 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Suggested Citation

  • Mainwaring, Lynn, 1989. "World Income Shares and the Terms of Trade: A North-South Growth Cycle," Bulletin of Economic Research, Wiley Blackwell, vol. 41(3), pages 185-196, July.
    • Handle: RePEc:bla:buecrs:v:41:y:1989:i:3:p:185-96
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below 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.

    Citations

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


    Cited by:

    1. Lynn Mainwaring, 1998. "Transfers in a North‐South Growth Model," Scottish Journal of Political Economy, Scottish Economic Society, vol. 45(5), pages 592-603, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:buecrs:v:41:y:1989:i:3:p:185-96. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0307-3378 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.