Bergin, Paul R. (contributor); Glick, Reuven (contributor); … - 2004 - [Elektronische Ressource]
productivity in each sector be A
T
and A
N
at home, and
*
T
A and
*
N
A in the foreign
country. Trade is costless for the …
ratio of trade to GDP, both at the national and global level.
16
These data exhibit an
increasing trend in the late …
strengthening of the BS relationship in those decades (see Table 1). And, conversely, per-
haps the rise in trade shares from 1870 …