IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Trade, Non-Scale Growth, and Uneven Development

  • Hiroaki Sasaki

This paper investigates the relationship between trade and economic development using a two-country, non-scale-growth model. Depending on the share of the expenditure for manufactured goods, we obtain two di erent results with regard to long-run production patterns. If the share of the expenditure is less than or equal to half, the leader country diversifies while the follower country asymptotically specializes in agriculture completely. If, on the other hand, the share of the expenditure is more than half, the leader country completely specializes in manufacturing while the follower country asymptotically specializes in agriculture completely. Whether or not the follower country can catch up with the leader country in the long run depends on two factors: (1) the patterns of production in both countries and (2) the measure of economic welfare that is used, that is, per capita income or per capita consumption.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.econ.kyoto-u.ac.jp/projectcenter/Paper/e-10-002.pdf
Download Restriction: no

Paper provided by Graduate School of Economics Project Center, Kyoto University in its series Discussion papers with number e-10-002.

as
in new window

Length: 35 pages
Date of creation: Jun 2010
Date of revision:
Handle: RePEc:kue:dpaper:e-10-002
Contact details of provider: Postal: Yoshida-Honmachi, Sakyo-ku, Kyoto 606-8501
Phone: (075)753-3400
Fax: (075)753-3492
Web page: http://www.econ.kyoto-u.ac.jp/projectcenter/
Email:


More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Molana, Hassan & Vines, David, 1988. "North-South Growth and the Terms of Trade," CEPR Discussion Papers 248, C.E.P.R. Discussion Papers.
  2. Peter Skott & Rajiv Sethi, 2000. "Uneven Development and Bilateral Conflict," Metroeconomica, Wiley Blackwell, vol. 51(4), pages 380-412, November.
  3. Prabirjit Sarkar, 2009. "A Centre-Periphery Framework on Kaldorian Lines," Review of Political Economy, Taylor & Francis Journals, vol. 21(3), pages 393-401.
  4. Mazumdar, Joy, 1996. "Do Static Gains from Trade Lead to Medium-Run Growth?," Journal of Political Economy, University of Chicago Press, vol. 104(6), pages 1328-37, December.
  5. Bryan Graham & Jonathan Temple, 2006. "Rich Nations, Poor Nations: How Much Can Multiple Equilibria Explain?," Journal of Economic Growth, Springer, vol. 11(1), pages 5-41, 03.
  6. Felbermayr, Gabriel, 2007. "Specialization on a technologically stagnant sector need not be bad for growth," Munich Reprints in Economics 20645, University of Munich, Department of Economics.
  7. Chui, Michael, et al, 2002. " North-South Models of Growth and Trade," Journal of Economic Surveys, Wiley Blackwell, vol. 16(2), pages 123-65, April.
  8. Christiaans, Thomas, 2004. "Types of balanced growth," Economics Letters, Elsevier, vol. 82(2), pages 253-258, February.
  9. Sarkar, Prabirjit, 2001. "Technical Progress and the North-South Terms of Trade," Review of Development Economics, Wiley Blackwell, vol. 5(3), pages 433-43, October.
  10. van Marrewijk, Charles & Verbeek, Jos, 1993. "Disequilibrium Growth Theory in an International Perspective," Oxford Economic Papers, Oxford University Press, vol. 45(2), pages 311-31, April.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:kue:dpaper:e-10-002. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Graduate School of Economics Project Center)

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.