What do rich countries trade with each other? R&D and the composition of U.S. and Swedish trade

One tradition in international economics explains international trade as a phenomenon caused by differing national comparative advantages arising from different states of development. This approach leads to the conclusion that under a catching-up hypothesis the amount of trade might be expected to d...

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Bibliographic Details
Main Authors: M. BLOMSTRÖM, R.E. LIPSEY, L. OHLSSON
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10931