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Evolving patterns of international trade

Proudman, James and Redding, Stephen (2000) Evolving patterns of international trade. Review of International Economics, 8 (3). pp. 373-396. ISSN 0965-7576

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Identification Number: 10.1111/1467-9396.00229

Abstract

Theoretical models of growth and trade suggest that patterns of international specialization are dynamic and evolve endogenously over time. Initial comparative advantages are either reinforced or gradually unwound with the passage of time. This paper puts forward an empirical framework for modeling international trade dynamics that uses techniques widely employed in the cross-country literature on income convergence. On applying this framework to industry-level data, evidence is found for significant differences in international trade dynamics among the G-5 economies.

Item Type: Article
Official URL: http://www.blackwellpublishing.com/journal.asp?ref...
Additional Information: © 2000 Blackwell Publishing. LSE has developed LSE Research Online so that users may access research output of the School. Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. Users may download and/or print one copy of any article(s) in LSE Research Online to facilitate their private study or for non-commercial research. You may not engage in further distribution of the material or use it for any profit-making activities or any commercial gain. You may freely distribute the URL (http://eprints.lse.ac.uk) of the LSE Research Online website.
Divisions: Centre for Economic Performance
Economics
Subjects: H Social Sciences > HB Economic Theory
JEL classification: E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E10 - General
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods: General > C10 - General
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O30 - General
Date Deposited: 30 Jun 2006
Last Modified: 16 Sep 2024 00:04
URI: http://eprints.lse.ac.uk/id/eprint/206

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