CUTLER, HARVEY; OZAWA, TERUTOMO - In: Contemporary Economic Policy 25 (2007) 1, pp. 67-78
"The product cycle (PC) model of trade has led to an extensive theoretical literature examining the relations between the innovating Northand the imitating South countries. Closely related is the flying-geese (FG) theory, which emphasizes the transfer of production from a higher developing South...