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Distribution, Growth and International Trade

In: Fundamental Issues in Trade Theory

Author

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  • Sergio Parrinello

Abstract

This essay is concerned with certain relationships between the distribution of income, accumulation of capital and international trade. These relationships will be examined in the context of a two-country world, each economy being in long-run competitive equilibrium. Our method of analysis will be to consider paths of steady growth. This method will be used to examine certain relationships between distribution, growth and international trade which are independent of subjective elements, such as individuals’ expectations and preferences. Moreover, this analysis will allow a critical examination of the foundations of the Heckscher-Ohlin-Samuelson approach;1 foundations that are also at the basis of certain dynamic formulations of the neo-classical theory of international trade.

Suggested Citation

  • Sergio Parrinello, 1979. "Distribution, Growth and International Trade," Palgrave Macmillan Books, in: Ian Steedman (ed.), Fundamental Issues in Trade Theory, chapter 14, pages 159-187, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04378-1_14
    DOI: 10.1007/978-1-349-04378-1_14
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    Cited by:

    1. Parrinello, Sergio, 2009. "Un’infondata portata attribuita alla teoria ricardiana dei vantaggi comparati: un punto di vista post-keynesiano [A weak reach assigned to the ricardian theory of comparative advantage: a Post-Keyn," MPRA Paper 31473, University Library of Munich, Germany.
    2. Ariel Dvoskin & Gabriel Brondino, 2022. "An appraisal of alternative Ricardian trade models," BCRA Working Paper Series 2022104, Central Bank of Argentina, Economic Research Department.

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