| Author(s) | Adnan Fadel Abo Al Haija |
| Affiliation | Assistant Professor, Economics / Finance & Banking Department Al al-Bayt University, P.O.Box: 130040 Mafraq 25113 , Jordan E-mail: alhaija@go.com.jo |
| Title | Endogenous Technological Progress and Structural Transformation of Production and Trade |
| Source | Journal of King Saud University. Administrative Sciences. Volume 16, No 1. (2004/1424) |
| Abstract | This paper intends to build up a theoretical model that explains the available empirical evidence regarding the relationship that links technological progress with the structural transformation of production and trade. The proposed model is based on the assumption that technological progress takes the form of improved capital inputs, and that the human capital is an essential factor in technology absorption proceses. It suggests that the capital intensity of production increases when technology improves. It suggests also that competitive advantages/disadvantages of a certain country depends upon technology gaps as well as wage gaps that do exist between that country and its trading partners. |
