Trade Specialisation, Technology and Economic Growth : Theory and Evidence from Advanced Countries

By: Kjeld Laursen

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Hardcover | 1 January 2000

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224 Pages

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23.5 x 15.88 x 2.54

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How does Ricardian specialization affect economic development in relatively advanced countries? Keld Laursen, inspired by the myriad of newly-emergent neoclassical/new industrial economics contributions, makes a detailed study of the role of specialization and structural change in advanced economies. The three key questions addressed in this work are: do countries converge or diverge in terms of their specialization patterns over time?; can the role of technology explain the direction of national trade specialization?; and what are the implications of international specialization patterns (and their changes) for economic growth?

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List of Tables
Acknowledgements
Introduction
The Theme
A Survey of the Theoretical Literature on Trade and Growth	p. 13
A Comparison of Measures of International Specialisation	p. 36
The Development of International Specialisation Patterns
Structural Change in OECD Export Specialisation Patterns: De-specialisation and 'Stickiness'	p. 53
Do Export and Technological Specialisation Patterns Co-evolve in Terms of Convergence or Divergence?	p. 73
The Determinants of International Trade Specialisation
Horizontal Diversification as a Determinant of Specialisation: The Case of Denmark and Pharmaceuticals	p. 93
Do Inter-sectoral Linkages Matter for International Export Specialisation?	p. 117
The Effects of International Specialisation
The Impact of Technological Opportunity on the Dynamics of Trade Performance	p. 133
Does Specialisation Matter for Growth?	p. 146
How Structural Change Differs, and Why it Matters (for Economic Growth)	p. 159
Conclusion
Retrospect and Prospect	p. 173
References	p. 181
Index	p. 193
Table of Contents provided by Blackwell. All Rights Reserved.

Trade Specialisation, Technology and Economic Growth : Theory and Evidence from Advanced Countries

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Hardcover

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