Patterns of specialization, technological hiatus and foreign-exchange constrained growth

Vol. 18 No. 3 (1998)

Jul-Sep / 1998
Published July 1, 1998
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Canuto, Otaviano. 1998. “Patterns of Specialization, Technological Hiatus and Foreign-Exchange Constrained Growth”. Brazilian Journal of Political Economy 18 (3):369-80. https://doi.org/10.1590/0101-31571998-1312.
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Patterns of specialization, technological hiatus and foreign-exchange constrained growth

Otaviano Canuto
Professor do Instituto de Economia da Universidade Estadual de Campinas – UNICAMP, Campinas/ SP, Brasil.
Brazilian Journal of Political Economy, Vol. 18 No. 3 (1998), Jul-Sep / 1998, Pages 369-380

Abstract

This paper presents a North-South model on the interaction between foreign
trade and foreign-exchange constrained growth, a model in which patterns of specialization
associated to production structures of the economies play a crucial role. Economic growth is
conditioned by sector dynamics of innovation and imitation, as well as by income-elasticities
and price-elasticities.

JEL Classification: F12; F60.


Keywords: Economic growth North-South trade patterns of specialization