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Trade Specialisation, Technology and Economic Growth: Theory and Evidence from Advanced Countries

By Keld Laursen
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By Keld Laursen
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How does Ricardian specialisation affect economic development in relatively advanced countries? Keld Laursen, inspired by the myriad newly-emergent neoclassical/new industrial economics contributions, makes a detailed study of the role of specialisation and structural change in advanced economies. Until now, these theoretical contributions have not been subjected to a systematic empirical investigation.

The three key questions are:

  • Do countries converge or diverge in terms of their specialis...

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