International Technology Transfer: Who Gains and Who Loses?
When one country has a superior technology in <i>all</i> commodities, a Ricardian model with two goods and two countries is used to examine uncompensated transfers of superior technology in one or both goods. A transfer of the superior but second-best technology always benefits the advanced country because it was improting that good initially and now gets it cheaper. But the free gift of the first-best technology can also benefit the advanced country if a certain productivity condition is satisfied because that country may now export its former import good at an even better terms of trade. Copyright © 2007 The Authors; Journal compilation © 2007 Blackwell Publishing Ltd.
Year of publication: |
2007
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Authors: | Ruffin, Roy J. ; Jones, Ronald W. |
Published in: |
Review of International Economics. - Wiley Blackwell, ISSN 0965-7576. - Vol. 15.2007, 2, p. 209-222
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Publisher: |
Wiley Blackwell |
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