Theories of international trade: a debate on the relationship between economic growth and foreign market inclusion

Uallace Moreira ()

Brazilian Journal of Political Economy, 2012, vol. 32, issue 2, 213-228

Abstract: The paper analyzes the importance accorded to the high technology industry sector in the process of economic growth, in its relation to international trade. Considering at first liberal arguments that disregard productive and commercial specialization as a cause of unequal economic development, the paper discusses then some institutionalist and evolutionist arguments which, since List, stress that high technology specialization matters for the rate of increase of productivity and for the surmount for foreign exchange restrictions to growth. JEL Classification: F000; F100; O300; O430.

Keywords: trade; economic development; theories of international trade (search for similar items in EconPapers)
Date: 2012
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