This note explores the determinants of trade patterns by extending a Chamberlinian-Ricardian monopolistic competition trade model to have a larger number of industries as did Dornbush, Fischer and Samuelson (1977). It will be shown that the degree of cross-country technical differences among industries plays an important role as a determinant of trade within each industry.
|Publication status||Published - 2004 Dec 1|
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)