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The Product Cycle and Inequality


Boyan Jovanovic


New York University - Department of Economics
November 2004

NBER Working Paper No. w10910

Abstract:     
This paper models the product cycle and explains how it relates to world inequality. In the model, both phenomena arise because skilled people have a comparative advantage in making high-tech products. The model can explain up to a 10:1 income differential between people and up to a 7:1 differential between countries.

Number of Pages in PDF File: 21

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Date posted: December 7, 2004  

Suggested Citation

Jovanovic, Boyan, The Product Cycle and Inequality (November 2004). NBER Working Paper No. w10910. Available at SSRN: http://ssrn.com/abstract=622624

Contact Information

Boyan Jovanovic (Contact Author)
New York University - Department of Economics ( email )
19 w 4 st.
New York, NY 10012
United States
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