![On the welfare implications of Southern catch-up [An article from: Economics Letters]](https://www.ebooknetworking.net/books/B00/0PD/bigB000PDTEU4.jpg)
On the welfare implications of Southern catch-up [An article from: Economics Letters]
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This digital document is a journal article from Economics Letters, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
I examine the implications of technological catch-up by developing countries (the South). With Southern catch-up, production of unskilled-intensive goods moves South. Because the improved terms of trade fully offsets the income lost by having production migrate South, the North benefits.
Description:
I examine the implications of technological catch-up by developing countries (the South). With Southern catch-up, production of unskilled-intensive goods moves South. Because the improved terms of trade fully offsets the income lost by having production migrate South, the North benefits.
