Rich and Poor Countries in Neoclassical Trade and Growth

Alan Deardorff

Working Papers from Research Seminar in International Economics, University of Michigan

Abstract: A neoclassical growth model is used to provide an explanation for a "poverty trap," or "club convergence," in terms of specialization and international trade. The model has a large number of countries with access to identical constant-returns-to-scale technologies for producing and trading three goods using capital and labor.

Keywords: INTERNATIONAL TRADE; ECONOMIC GROWTH; DEVELOPING COUNTRIES (search for similar items in EconPapers)
JEL-codes: F11 O41 (search for similar items in EconPapers)
Pages: 41 pages
Date: 1997
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Citations: View citations in EconPapers (4)

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Related works:
Chapter: RICH AND POOR COUNTRIES IN NEOCLASSICAL TRADE AND GROWTH (2011)
Journal Article: Rich and Poor Countries in Neoclassical Trade and Growth (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:mie:wpaper:402

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