Technology, Technical Progress and the International Allocation of Economic Activity

  • Harry G. Johnson


Economics offers two alternative approaches to the question of the influence of technology on the allocation of economic activity, which may be termed the microeconomic and the macroeconomic, though with some violation of the meanings commonly accorded to these terms.


International Trade Technical Progress Technological Level Locational Advantage Inaugural Lecture 
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  1. 1.
    J. R. Hicks, ‘An Inaugural Lecture’, Oxford Economic Papers, N.S. Vol. 5 (1953): No. 2, pp. 117–35.Google Scholar
  2. 2.
    Jacob Frenkel and Harry G. Johnson (eds.), The Monetary Approach to the Balance of Payments (London: Allen and Unwin, and Toronto: University of Toronto Press, 1976).Google Scholar
  3. 3.
    For a bibliography of this work, see Harry G. Johnson, Money, Trade and Economic Growth (London: Allen and Unwin, 1962), pp. 99–103.Google Scholar
  4. 4.
    Raymond Vernon, ‘International Investment and International Trade in the Product Cycle’, Quarterly Journal of Economics, 80 (1966): 2, pp. 190–207; (ed.), The Technology Factor in International Trade (National Bureau of Economic Research, New York and London: Columbia University Press, 1970).CrossRefGoogle Scholar
  5. 5.
    See for example C. P. Kindleberger (ed.), The International Corporation (Cambridge, Mass. and London: The M.I.T. Press, 1970).Google Scholar
  6. 6.
    See for example Harry G. Johnson, ‘Some Economic Aspects of Brain Drain’, Pakistan Development Review, Vol. 7. No. 3 (Autumn, 1967), pp. 379–411.Google Scholar
  7. Abridged in Walter Adams (ed.), The Brain Drain (New York: Macmillan, 1968), pp. 69–91.Google Scholar
  8. 7.
    For an attempt to put this work into perspective for a new approach to trade theory, see Harry G. Johnson, Comparative Cost and Commercial Policy Theory for a Developing World Economy (The Wicksell Lectures, 1968, Stockholm: Almqvist and Wiksell, 1968).Google Scholar
  9. For a non-technical survey of various economic aspects of technology, see Harry G. Johnson, Technology and Economic Interdependence (London: Macmillan, 1975).CrossRefGoogle Scholar
  10. 8.
    An important earlier contribution to this approach, in the field of economic development, is T. W. Schultz, Transforming Traditional Agriculture (New Haven, London: Yale University Press, 1964).Google Scholar
  11. 10.
    See Harry G. Johnson, ‘The Efficiency and Welfare Implications of the International Corporation’, in C. P. Kindleberger, op. dt., chapter 2, pp. 35–56; reprinted in I. A. MacDougall and R. H. Snape (eds), Studies in International Economics: Monash Conference Papers (Amsterdam: North Holland, 1970), as chapter 6, pp. 83–103. See also Harry G. Johnson, ‘A New View of the Infant Industry Argument’, chapter 7, pp. 105–20 in MacDougall and Snape, op. cit.Google Scholar
  12. 11.
    For an early comparative statics approach on these lines, see Harry G. Johnson, ‘Economic Expansion and International Trade’, The Manchester School, Vol. 23 (May, 1955), pp. 95–112.CrossRefGoogle Scholar
  13. Work on dynamic equilibrium-growth models of international trade began with the classic article by H. Oniki and H. Uzawa, ‘Patterns of Trade and investment in a Dynamic Model of International Trade’, Review of Economic Studies, 32 (1965): 1, pp. 15–38.CrossRefGoogle Scholar
  14. An early effort along ‘Harrodian’ lines was Harry G. Johnson, ‘Equilibrium Growth in an International Economy’, Canadian Journal of Economics and Political Science, Vol. 19 (November, 1953), pp. 478–500; reprinted in Harry G. Johnson, International Trade and Economic Growth (London: Allen and Unwin, 1958).CrossRefGoogle Scholar
  15. See also Harry G. Johnson, ‘A Formal Analysis of some Brinley Thomas Problems concerning the International Migration of Capital and Labour’, Osaka Economic Economic Papers, 25 (1975): 1, pp. 24–36.Google Scholar
  16. 13.
    For further discussion of this point, see Harry G. Johnson, ‘Technological Change and Comparative Advantage: an Advanced Country’s Viewpoint’, Journal of World Trade Law, Vol. 9, No. 1 (January/February, 1975), pp. 1–14.Google Scholar

Copyright information

© The Nobel Foundation 1977

Authors and Affiliations

  • Harry G. Johnson

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