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dc.creatorGiraldo, Lader 
dc.creatorJaramillo, Fernando
dc.description.abstractThe causality between international trade and industrialization is still ambiguous. We consider a model of international trade with the Home Market Effect - with differences in income and productivity between sectors and between countries - in order to identify additional channels for determining the effects of international trade on industrialization. Introducing non-homothetic preferences and differences in productivity aids in the interpretation of any apparent paradoxes within international trade, such as the commercial relations between more populated countries like China and India and large economies such as the U.S. Population size, demand composition and productivity levels constitute the three main channels for determining the effects of international trade. Interactions among these channels define the results obtained in terms of industrialization, while welfare levels are always higher in relation to autarky.
dc.format.extent36 páginas
dc.sourcereponame:Repositorio Institucional EdocUR
dc.sourceinstname:Universidad del Rosario
dc.subject.ddcComercio internacional (Comercio exterior) 
dc.subject.lembProducción (Teoría Económica)
dc.subject.lembConsumo (Economía)
dc.subject.lembComercio internacional
dc.titleProductivity, demand and the home market effect
dc.publisherUniversidad del Rosario
dc.publisher.departmentFacultad de Economía
dc.subject.keywordInternational Trade
dc.subject.keywordNon-homothetic Preferences
dc.subject.keywordHome Market Effect
dc.subject.keywordMonopolistic Competition.
dc.type.spaDocumento de trabajo
dc.rights.accesoAbierto (Texto completo)
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dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombia
dc.relation.citationTitleSerie Documentos de trabajo. Economía

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