An Elementary Proposition on Technical Progress and Non-Traded Goods
Document Type
Article
Journal/Book Title/Conference
Journal of Mathematical Economics
Volume
47
Publication Date
2011
First Page
68
Last Page
71
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.
Recommended Citation
“An Elementary Proposition on Technical Progress and Non-traded Goods,” (with H. Beladi), Journal of Mathematical Economics 47, 2011: 68-71.