Is Trade in Technology Superior to Trade in Goods?

6 Pages Posted: 27 Apr 2009

See all articles by Sugata Marjit

Sugata Marjit

Centre for Studies in Social Sciences, Calcutta; Indian Institute of Foreign Trade; City University of Hong Kong (CityU) - Department of Economics & Finance

Hamid Beladi

University of Texas at San Antonio - College of Business - Department of Economics

Abstract

Using a Ricardian setting we argue that trade in technology generates higher global welfare relative to trade in goods. Hence, free trade in commodities can only be the second best outcome for the world welfare.

Suggested Citation

Marjit, Sugata and Marjit, Sugata and Beladi, Hamid, Is Trade in Technology Superior to Trade in Goods?. Bulletin of Economic Research, Vol. 61, Issue 2, pp. 195-200, April 2009, Available at SSRN: https://ssrn.com/abstract=1375881 or http://dx.doi.org/10.1111/j.1467-8586.2008.00289.x

Sugata Marjit

Centre for Studies in Social Sciences, Calcutta ( email )

R 1, B.P. Township
Kolkata, West Bengal, India
Kolkata, West Bengal 700094
India

Indian Institute of Foreign Trade ( email )

New Delhi
QUTUB INSTITUTIONAL AREA
NEW DELHI, 110016
India

City University of Hong Kong (CityU) - Department of Economics & Finance ( email )

83 Tat Chee Avenue
Kowloon
Hong Kong

Hamid Beladi

University of Texas at San Antonio - College of Business - Department of Economics ( email )

One UTSA Circle
P.O. Box 5636
San Antonio, TX 78249
United States
210-458-7038 (Phone)
210-458-7040 (Fax)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
4
Abstract Views
549
PlumX Metrics