Evolving patterns of international trade

J. Proudman, S. Redding

Research output: Contribution to journalArticlepeer-review

118 Scopus citations

Abstract

Theoretical models of growth and trade suggest that patterns of international specialization are dynamic and evolve endogenously over time. Initial comparative advantages are either reinforced or gradually unwound with the passage of time. This paper puts forward an empirical framework for modeling internationa trade dynamics that uses techniques widely employed in the cross-country literature on income convergence. On applying this framework to industry-level data, evidence is found for significant differences in international trade dynamics among the G-5 economies.

Original languageEnglish (US)
Pages (from-to)373-396
Number of pages24
JournalReview of International Economics
Volume8
Issue number3
DOIs
StatePublished - 2000
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Development

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