Technological Change and International Trade
- 1 January 1990
- journal article
- performance
- Published by Taylor & Francis in Economic Systems Research
- Vol. 2 (1) , 47-52
- https://doi.org/10.1080/09535319000000006
Abstract
This paper first replicates the findings established by the ‘Leontief Paradox’, namely that over a long historical period the USA has regularly absorbed labor and economized on capital through its international trade. Next, technological change is shown to have exercised a systematic influence on the factor contents of US trade in recent decades. An economic interpretation of these findings is offered, taking a dynamic rather than a comparative static point of view. Finally, recommendations are made for extending the conceptual framework used in this paper in the direction of operational theory of international trade.Keywords
This publication has 3 references indexed in Scilit:
- A Survey of the Theory of International Trade: Part 3, The Modern TheoryEconometrica, 1966
- A Survey of the Theory of International Trade: Part 1, The Classical TheoryEconometrica, 1965
- Factor Proportions and the Structure of American Trade: Further Theoretical and Empirical AnalysisThe Review of Economics and Statistics, 1956