Technological Change and International Trade

Faye Duchin

Economic Systems Research, 1990, vol. 2, issue 1, pages 47-52

Abstract: This paper first replicates the findings established by the 'Leontief Paradox', namely that over a long historical period the USA has regularly absorbed labor and economized on capital through its international trade. Next, technological change is shown to have exercised a systematic influence on the factor contents of US trade in recent decades. An economic interpretation of these findings is offered, taking a dynamic rather than a comparative static point of view. Finally, recommednations are made for extending the conceptual framework used in this paper in the direction of operational theory of international trade. Copyright 1990 by Taylor and Francis Group

Date: 1990

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Persistent link: http://EconPapers.repec.org/RePEc:taf:ecsysr:v:2:y:1990:i:1:p:47-52

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