Uniform Technical Progress: Can it Be Harmful?

6 Pages Posted: 8 May 2006

See all articles by Hamid Beladi

Hamid Beladi

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

Sugata Marjit

Centre for Studies in Social Sciences, Calcutta; City University of Hong Kong (CityUHK) - Department of Economics & Finance

Reza Oladi

Utah State University - College of Business - Department of Economics

Abstract

In a model incorporating trade in final goods, intermediate goods and capital, we show how 'uniform' technical progress across sectors can lead to immiserization. The condition for immiserizing technical progress crucially depends on the pattern of specialization. Our results tend to hold in a more general specification of the basic structure.

Suggested Citation

Beladi, Hamid and Marjit, Sugata and Oladi, Reza, Uniform Technical Progress: Can it Be Harmful?. Pacific Economic Review, Vol. 11, No. 1, pp. 33-38, February 2006. Available at SSRN: https://ssrn.com/abstract=894142 or http://dx.doi.org/10.1111/j.1468-0106.2006.00297.x

Hamid Beladi (Contact Author)

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)

Sugata Marjit

Centre for Studies in Social Sciences, Calcutta ( email )

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

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

83 Tat Chee Avenue
Kowloon
Hong Kong

Reza Oladi

Utah State University - College of Business - Department of Economics ( email )

3530 Old Main Hill
Logan, UT 84322-3530
United States

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