Uneven Development in Alternative Models of North-South Trade
This paper develops a general framework in the form of an underdetermined model in which alternative models of North-South trade and development can be looked upon as providing alternative "closures." Several such models, drawing on neoclassical, neo-Marxian, neo-Keynesian, neo-Kaleckian, and other approaches, are examined and compared to models in the existing North-South literature. The implications of these models for uneven development patterns and long-run changes in the North-South terms of trade are examined.
Volume (Year): 15 (1989)
Issue (Month): 2 (Apr-Jun)
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- Dutt, Amitava Krishna, 1986. "Vertical trading and uneven development," Journal of Development Economics, Elsevier, vol. 20(2), pages 339-359, March.