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Title: |
Cross-Technology Trade and the Positive Sum
Effect |
| Author: |
Choi, Yong Yil |
| Author
Affiliation: |
Res Instit
Indus Sci & Tech |
| Source: |
International Economic Journal, Summer 1989, v. 3, no. 2, pp. 57-71 |
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Publication Date: |
Summer 1989 |
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Abstract: |
While existing North-South trade models
emphasize only one-way technology transfer, there is no formal model of
cross-technology trade. This paper provides a formal model of
cross-technology trade in a static setting. The model shows that (1)
cross-technology trading equilibrium has a larger per-capita real income
than that of technology autarky between similar economics with
increasing returns to scale; (2) scale parameter affects the intensity
of cross-technology trade; and (3) there exists a different paradigm
between the cross-technology trade model and the North-South technology
transfer model. |
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