Article
An Elementary Proposition on Technical Progress and Non-Traded Goods
Journal of Mathematical Economics
Document Type
Article
Publication Date
1-1-2011
Disciplines
Abstract
We explore the effect of technical progress on the endogenously determined range of non-traded goods by using a Ricardian model with continuum of goods. By defining technical progress on the basis of proportional changes in the relative productivity across sectors, we show that the range of non-traded goods decreases if technical progress is unbiased or if it is biased toward the goods that a country has more comparative advantage.
Citation Information
“An Elementary Proposition on Technical Progress and Non-traded Goods,” (with H. Beladi),
Journal of Mathematical Economics 47, 2011: 68-71.