Diferenciales de Progreso Tecnológico y Diferenciales de Inflación: Un Comentario

Sebastian Edwards

Latin American Journal of Economics-formerly Cuadernos de Economía, 1982, vol. 19, issue 56, 87-92

Abstract: This note presents in a simple framework the Balassa (1964) argument. It is shown that if technical progress is faster in the nontraded goods sector, their relative price will tend to rise through time. It is also shown that this increase in relative pric

Date: 1982
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