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Theories of international trade: a debate on the relationship between economic growth and foreign market inclusion

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  • Uallace Moreira

    (Doutorando em Desenvolvimento Econômico – Área de concentração em História Econômica — pelo Instituto de Economia da Universidade Estadual de Campinas (IE/Unicamp). Mestre em Desenvolvimento Econômico pelo Instituto de Economia da Universidade Estadual de Campinas (IE/Unicamp). Bacharel em Ciências Econômicas pela Faculdade de Ciências Econômicas da Universidade Federal da Bahia (FCE/UFBa).)

Abstract

The paper analyzes the importance accorded to the high technology industry sector in the process of economic growth, in its relation to international trade. Considering at first liberal arguments that disregard productive and commercial specialization as a cause of unequal economic development, the paper discusses then some institutionalist and evolutionist arguments which, since List, stress that high technology specialization matters for the rate of increase of productivity and for the surmount for foreign exchange restrictions to growth. JEL Classification: F000; F100; O300; O430.

Suggested Citation

  • Uallace Moreira, 2012. "Theories of international trade: a debate on the relationship between economic growth and foreign market inclusion," Brazilian Journal of Political Economy, Center of Political Economy, vol. 32(2), pages 213-228, April.
    • Handle: RePEc:ekm:repojs:v:32:y:2012:i:2:id:95491
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