Export of Deindustrialization and the Anti-Balassa-Samuelson Effect: The Consequences of Productivity Growth Differential

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Export of Deindustrialization and Anti-Balassa-Samuelson Effect: The Consequences of Productivity Growth Differential

This paper focuses on productivity growth differentials between manufacturing and services, deindustrialization, and changes in the real exchange rate. Using a Ricardian trade model with a continuum of goods that introduces nontraded services, the paper investigates these interrelationships. The main results are as follows: (i) if deindustrialization proceeds in both home and foreign countries,...

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ژورنال

عنوان ژورنال: Evolutionary and Institutional Economics Review

سال: 2012

ISSN: 1349-4961,2188-2096

DOI: 10.14441/eier.8.253