Troca intertemporal entre economias desenvolvidas e em desenvolvimento [Intertemporal trade between developed and less developed countries]

Marco Flávio Resende

Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: Ricardian, ECLAC-UN (CEPAL) and Neo-Schumpeterian schools of Economic Thought assume that there are productivity differentials across economies. This paper intends to analyze the power of intertemporal trade neoclassical model to explain the less developed countries' intertemporal balance of payments solvency. Conclusions highlight the limits of the neoclassical model in explaining the intertemporal trade when productivity differentials across countries are assumed.

Keywords: intertemporal trade; productivity; less developed countries (search for similar items in EconPapers)
JEL-codes: F41 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2003-06
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