On the "Technology Transfer" Paradox and "Worsening Terms of Trade" Paradox

This paper revisits some seeming paradoxes or puzzles in trade theory. We explore the socalled "technology transfer" paradox, which may be interpreted more generally in terms of what we call the "worsening terms of trade" paradox. We show both paradoxes are no more paradox than t...

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Bibliographic Details
Published in:Asia-Pacific journal of accounting & economics 2008-04, Vol.15 (1), p.41-53
Main Authors: Ohta, Hiroshi, Nakagawa, Hironobu
Format: Article
Language:English
Subjects:
Comparative advantage
Economic conditions
pattern-of-trade reversals
Studies
Technology transfer
technology transfer paradox
Terms of trade
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Summary:This paper revisits some seeming paradoxes or puzzles in trade theory. We explore the socalled "technology transfer" paradox, which may be interpreted more generally in terms of what we call the "worsening terms of trade" paradox. We show both paradoxes are no more paradox than the Leontief paradox is. We also assert that, judging from the implications that international technology transfers have for the possible pattern of trade, the seeming paradoxes that require the pattern-of-trade reversals are less likely to occur under conditions of the Hecksher-Ohlin variable input proportions than under the Ricardian fixed proportions.
ISSN:1608-1625
2164-2257
DOI:10.1080/16081625.2008.9720808