Effects of Changes in Comparative Costs as Influenced by Technical Change

H. G. Johnson
Additional contact information
H. G. Johnson: University of Chicago

Chapter Chapter 4 in International Trade Theory in a Developing World, 1963, pp 96-112 from Palgrave Macmillan

Abstract: Abstract Interest in the effects of technical change on comparative cost, the volume and terms of trade, and the gains from international specialization is of relatively modern origin, a by-product of postwar concern with the ‘dollar shortage’ and the alleged long-run adverse trend of the terms of trade of the primary-producing or under-developed countries. More fundamentally, it reflects a growing awareness of the importance of technology among the causes of the wealth of nations, and of technical change among the causes of economic progress and economic change.

Keywords: International Trade; Technical Change; Real Wage; Comparative Cost; Factor Endowment (search for similar items in EconPapers)
Date: 1963
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08458-6_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349084586

DOI: 10.1007/978-1-349-08458-6_4

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().