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The Balassa-Samuelson Model: An Overview

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  • Asea, Patrick K
  • Corden, W Max

Abstract

This paper introduces a special issue marking the 30th anniversary of the publication of two classic papers in international economics. Balassa (1964) and Samuelson (1964). We provide a brief analytical treatment of the basic model and an overview of the contributions in this special issue. The special issue includes novel empirical and theoretical approaches related to the Balassa-Samuelson model. Theoretical models include dynamic two-sector growth models, two-country general-equilibrium models, and open-economy models with imperfectly competitive nontraded-goods sectors. Several papers exploit new sources of data or datasets constructed in new ways from traditional sources. Copyright 1994 by Blackwell Publishing Ltd.

Suggested Citation

  • Asea, Patrick K & Corden, W Max, 1994. "The Balassa-Samuelson Model: An Overview," Review of International Economics, Wiley Blackwell, vol. 2(3), pages 191-200, October.
  • Handle: RePEc:bla:reviec:v:2:y:1994:i:3:p:191-200
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