A model of technology, domestic distribution and North-South relations
Graciela Chichilnisky and
Sam Cole
MPRA Paper from University Library of Munich, Germany
Abstract:
This article describes the macroeconomic model used in an ongoing study of technology policies and North-South relations. Other aspects of the study have been described elsewhere [1,2]. We examine here the rationale for the theoretical structure used in the model, the details of the equations, and a computation of solutions. To illustrate the dynamics of the model, a brief discussion is also given of the preliminary results that indicate critical relationships between domestic technology and income distributions and the North-South terms of trade. The results are based on calibration of the model using data for Brazil and the United Kingdom.
Keywords: technology policies; technologies; income distrivutionnorth; south; north-south relations; developing; developed; underdeveloped; undeveloped; model; modeling; modelling; Bariloche model; basic needs; Leontief; Pestel-Mesarovic; development; growth; welfare; utility; equilibrium; general equilibrium; domestic economy; production-exchange; production-exchange model; international trade (search for similar items in EconPapers)
JEL-codes: C6 F13 F4 (search for similar items in EconPapers)
Date: 1979
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Citations: View citations in EconPapers (1)
Published in Technological Forcasting and Social Changes 4.13(1979): pp. 297-320
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:7999
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