Econometrica: Oct 1966, Volume 34, Issue 4

International Trade Theory in a Vintage-Capital Model

https://doi.org/0012-9682(196610)34:4<756:ITTIAV>2.0.CO;2-I
p. 756-767

P. K. Bardhan

This paper contains an analysis of the pattern of comparative advantage in a model of growing international economy where intercountry productivity differentials are affected by, among other things, differences in economic life of machines in different countries.

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