Pattern of trade between underemployed economies

作者: Raveendra N. Batra , Hamid Beladi

DOI: 10.2307/2554714

关键词: EconomyMacroeconomicsProduct (category theory)EconomicsSchools of economic thought

摘要: In this paper, the authors analyze factors determining pattern of trade between underemployed economies. They find, among other things, that a low-wage, land-abundant country exports land-using, labor-intensive product to high-wage, capital-abundant country. The also find conditions under which capital-rich may export (the Leonteif paradox). Copyright 1990 by London School Economics and Political Science.

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