Technological Innovation, Demand Structure, Intra-Industry Trade And Hierarchy Of Economies-A Three Dimensional Presentation

Dimitri Mardas

Economics of Innovation and New Technology, 1995, vol. 4, issue 1, 61-66

Abstract: This paper aims to present an alternative version on countries' hierarchy, based on Posner's technological gap, on Linder's concept of demand structure and on intra-industry trade. These theoretical developments based in the same time on supply and demand can provide a more complete perspective on this matter. Three variables are used for this goal: i)the ratio of research and development (R&D) expenditure to production (ii) per capita income (iii)the index used by Grubel and Lloyd (1975) on intra-industry trade. The results, presented in terms of geometrical approach, concern the twelve Member-States of the European Communities.

Keywords: Innovation; intra-industry trade; hierarchy J.E.L. codes: F14; O20 (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1080/10438599500000014

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