Paths of development for early- and late-bloomers with land

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Title: Paths of development for early- and late-bloomers with land
Authors: Guillo, Maria Dolores | Pérez Sebastián, Fidel
Research Group/s: Grupo de Estudios de Paz y Desarrollo (GEPYD) | Análisis Económico
Center, Department or Service: Universidad de Alicante. Departamento de Métodos Cuantitativos y Teoría Económica | Universidad de Alicante. Departamento de Fundamentos del Análisis Económico
Keywords: Land | Two-sector growth model | Late-blooming nations | International trade
Knowledge Area: Fundamentos del Análisis Económico
Date Created: Oct-2008
Issue Date: 30-Jul-2012
Abstract: Heckscher-Ohlin versions of the two-sector neoclassical growth model predict that late-blooming nations can remain permanently poorer. This is an important result that warns us about the dangers of international trade. We show, however, that the result vanishes once inputs in fixed supply such as land are introduced into the model.
Sponsor: This research was partially supported by the Spanish Ministry of Science and Technology, SEJ2004-08011ECON, and by the Instituto Valenciano de Investigaciones Económicas.
Language: eng
Type: info:eu-repo/semantics/workingPaper
Peer Review: no
Appears in Collections:INV - GEPYD - Working Papers
INV - Análisis Económico - Working Papers
INV - DMCTE - Working Papers

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