Heterochrony, Industrial Evolution and International Trade

Nachoem M Wijnberg

Journal of Evolutionary Economics, 1996, vol. 6, issue 1, 99-113

Abstract: This paper uses the biological concepts of heterochrony and K- and r-strategies to construct an economic theory about industry life cycles and trade policy. Relations between various types of heterochrony and different competitive environments provide a general explanation for the Japanese and Korean successes in international trade, the decline of the U.S. and E.U. performance and the relative failures of some Latin-American states.

Date: 1996
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