How product innovation in the North may immiserize the South: A new look at the Ricardian model with a continuum of goods

Abstract: The paper proposes a theoretical model investigating the welfare consequences of technological shocks in a Ricardian framework (a la Dornbush, Fisher and Samuelson, 1977). Contrary to the existing literature, the model incorporates a nonhomothetic demand function whose price and income ela...

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Publicado en:	Journal of Development Economics Vol. 97; no. 2; pp. 293 - 305
Autor principal:	Demmou, Lilas
Formato:	Artículo
Publicado:	Elsevier B.V. Mar2012
Materias:	Technological innovations Public welfare Consumption (Economics) Economic development Technological progress Ricardian Model of International Trade
Acceso en línea:	Ver este registro en EBSCOhost