Redding, Stephen (2000) The dynamics of international specialisation. 437. Centre for Economic Performance, London School of Economics and Political Science, London, UK.Full text not available from this repository.
The theoretical literature on trade and growth suggests that comparative advantage is endogenous and evolves over time. However, most empirical analysis of international trade flows is essentially static in nature. This paper proposes an empirical model of the dynamics of international specialisation. Employing disaggregated data on twenty industries in seven OECD countries, we examine the evolution of patterns of international specialisation over time and evaluate the role of changes in factor endowments in explaining observed dynamics.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 2000 the author|
|Uncontrolled Keywords:||Distribution dynamics; factor endowments; international trade; neoclassical model|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
|Sets:||Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
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