Evolving Patterns of International Trade

Theoretical models of growth and trade suggest that patterns of international specialisation are inherently dynamic and evolve endogenously over time. Initial comparative advantaged are either reinforced or gradually unwound with the passage of time. This paper puts forward an empirical framework to evaluate the dynamics of international trade patterns, that uses techniques widely employed in the cross-country literature on income convergence.

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Year of publication:	1998
Authors:	Proudman, J. ; Redding, S.
Institutions:	Economics Group, Nuffield College, University of Oxford
Subject:	INTERNATIONAL TRADE \| DYNAMIC ANALYSIS

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Series:	Economics Papers.
Type of publication:	Book / Working Paper
Notes:	35 pages
Classification:	C10 - Econometric and Statistical Methods: General. General ; F10 - Trade. General ; O30 - Technological Change; Research and Development. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005687541