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Note on a Continuum Multi-Country and International Trade
Graduate School of Economics, Kyoto University, Kyoto, Japan
- 1 Graduate School of Economics, Kyoto University, Kyoto, Japan
Theoretical Economics Letters·Volume 02 (2012)·Pages 221–225·Published 23 May 2012·DOI10.4236/tel.2012.22040
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Abstract
We provide an analytical solution for the continuum multi-country two-sector Ricardian model of Yanagawa (1996) [1], and obtain additional results that are not observed in the standard two-country two-good Ricardian model. Increases in productivity in each sector results in an increase in the number of countries producing high technology goods and a de- crease in the number of countries producing low technology goods.
KeywordsMulti-Country TradeRicardian Model
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