Abstract
The purpose of the paper is to analyse the changing pattern of comparative advantage in the process of economic development. The investigation will be limited to exports, since the commodity pattern of imports is greatly influenced by the system of protection in the importing countries. And as trade in natural resource products depends to a considerable extent on the country’s resource endowment, we will deal with comparative advantage in manufactured goods alone.
The author is Professor of Political Economy at the Johns Hopkins University and Consultant to the World Bank. The paper presented at the Congress was prepared in the framework of a consultant arrangement with the World Bank but it should not be interpreted to reflect the Bank’s views. The author is indebted to Dominique de Crayencour, Jonathan Levy and especially to Kishore Nadkarni for research assistance. He has benefited from comments on an earlier version of the paper by T. N. Srinivasan and other participants in a seminar held at the World Bank.
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© 1979 International Economic Association
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Balassa, B. (1979). A ‘Stages Approach’ to Comparative Advantage. In: Adelman, I. (eds) Economic Growth and Resources. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-16229-1_11
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DOI: https://doi.org/10.1007/978-1-349-16229-1_11
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