Trade pattern reversal: The role of technological change, factor accumulation and government intervention

Klaus Waelde
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Klaus Waelde: University of Kiel, Kiel, Germany
Authors registered in the RePEc Author Service: Klaus Wälde ()

International Trade from EconWPA

Abstract: During the last decades, some Asian countries have experienced a substantial change of their production structure leading to a change of their trade patterns. Whereas formerly high-tech goods were imported, they now constitute an important fraction of the countries' exports. Possible reasons for such a situation to arise are investigated in a model combining Ricardian and Heckscher-Ohlin effects. In addition the role of government intervention on factor accumulation and technological change is studied. A reversal of trade patterns and a catching up and falling behind process can be endogenously explained by these features.

JEL-codes: F1 F2 (search for similar items in EconPapers)
Date: 1994-03-24, Revised 1994-04-06
Note: 21 pages, single spaced, 5 figures, PostScript, replacement (now 11inch length, same contents)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpit:9403003

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