This paper has investigated the changing pattern of comparative advantage in the process of economic development. Comparative advantage has been defined in terms of relative export performance, thus neglecting the composition of imports which is greatly affected by the structure of protection. The empirical estimates show that inter-country differences in the structure of exports are in large part explained by differences in physical and human capital...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1977/05/31
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Рабочий документ персонала
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SWP256
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1
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1
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2010/07/01
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A "Stages" approach to comparative advantage
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capital intensity
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