A ‘Stages Approach’ to Comparative Advantage
Bela Balassa
Chapter 11 in Economic Growth and Resources, 1979, pp 121-156 from Palgrave Macmillan
Abstract:
Abstract The purpose of the paper is to analyse the changing pattern of comparative advantage in the process of economic development. The investigation will be limited to exports, since the commodity pattern of imports is greatly influenced by the system of protection in the importing countries. And as trade in natural resource products depends to a considerable extent on the country’s resource endowment, we will deal with comparative advantage in manufactured goods alone.
Keywords: Human Capital; Comparative Advantage; Product Category; Physical Capital; Standard Industrial Classification (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-16229-1_11
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DOI: 10.1007/978-1-349-16229-1_11
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