2026-03-12T14:24:36Z https://grips.repo.nii.ac.jp/oai

oai:grips.repo.nii.ac.jp:00001646 2023-11-20T08:43:28Z 1:93

Population, Technological Progress and the Welfare of the North-South Trade: A Revisit of the Classic Ricardian Model XING, Yuqing ZHANG, Bo Free trade Comparative advantage Technological progress Population Welfare https://www.grips.ac.jp/list/jp/facultyinfo/xing_yuqing/ This paper analyzes how the technology progress of the South country affects the welfare of the North country in a free trade world. Using the standard Ricardian model of the North-South trade, we show that, import biased technological progress of the South will undermine the welfare of the North, once the cumulative technological progress of the South exceeds a threshold. The relative population size of the South to North affects the threshold. Generally, a relatively larger South country has a lower threshold and the technological difference between the two countries remains even beyond the threshold. To a certain extent, the findings of the paper offer an theoretical explanation about the concerns of rising China in an integrated world economy. JEL Classification Codes: F1 technical report GRIPS Policy Research Center AM application/pdf https://grips.repo.nii.ac.jp/record/1646/files/DP18-10.pdf https://doi.org/10.24545/00001637 https://grips.repo.nii.ac.jp/records/1646 eng https://ideas.repec.org/p/ngi/dpaper/18-10.html https://ideas.repec.org/p/ngi/dpaper/18-10.html