Divergence, Convergence, and the Gains From Trade*

Saul H. Hymans · Frank Peter Stafford

20 citations0/0 files storedReview of International Economics

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Global trade and economics Economic Growth and Productivity Global Trade and Competitiveness

Abstract

Abstract This paper is about a country which has enjoyed a comparative advantage in producing some good(s) and suddenly finds its trading partners increasing their productivity in producing precisely those same goods; e.g., the US with its big lead in many kinds of manufacturing production in the 1950s and 1960s, and the rest of the world catching up in the same kinds of goods in the 1970s and 1980s. This is what the paper means by “convergence.” We show that such convergence results in an absolute loss of real income and standard of living for the original “leader” country.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 20 citations exist upstream.

References

1992Convergence 1979A Model of Innovation, Technology Transfer, and the World Distribution of Income 1993Leapfrogging in international competition: A theory of cycles in national technological leadership 1953AN INAUGURAL LECTURE 1 1993International competition and real wages 1981International Trade: Essays in Theory 1993International Competition and Real Wages 1981International Economics

Cited by

1997Productivity differences, world-market shares and conflicting national interests in linear trade models

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.