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- W2905835598 abstract "This paper analyzes how the technology progress of the South country affects the welfare of the North country in a free trade world. Using the standard Ricardian model of the North-South trade, we show that, import biased technological progress of the South will undermine the welfare of the North, once the cumulative technological progress of the South exceeds a threshold. The relative population size of the South to North affects the threshold. Generally, a relatively larger South country has a lower threshold and the technological difference between the two countries remains even beyond the threshold. To a certain extent, the findings of the paper offer an theoretical explanation about the concerns of rising China in an integrated world economy." @default.
- W2905835598 created "2019-01-01" @default.
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- W2905835598 date "2018-09-01" @default.
- W2905835598 modified "2023-09-27" @default.
- W2905835598 title "Population, Technological Progress and the Welfare of the North-South Trade: A Revisit of the Classic Ricardian Model" @default.
- W2905835598 doi "https://doi.org/10.24545/00001637" @default.
- W2905835598 hasPublicationYear "2018" @default.
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