IS TRADE IN TECHNOLOGY SUPERIOR TO TRADE IN GOODS?

被引:0
作者
Marjit, Sugata [2 ,3 ]
Beladi, Hamid [1 ]
机构
[1] Univ Texas San Antonio, Dept Econ, San Antonio, TX 78249 USA
[2] Hong Kong Polytech Univ, Hong Kong, Hong Kong, Peoples R China
[3] Ctr Studies Social Sci, Kolkata, W Bengal, India
关键词
goods trade; technology trade; welfare; F11; F20; F21; RICARDIAN MODEL; CONTINUUM; ADVANTAGE;
D O I
10.1111/j.1467-8586.2008.00289.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a Ricardian setting we argue that trade in technology generates higher global welfare relative to trade in goods. Hence, free trade in commodities can only be the second best outcome for the world welfare.
引用
收藏
页码:195 / 200
页数:6
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