European Business Schools Librarian's Group

ESSEC Working Papers,
ESSEC Research Center, ESSEC Business School

No DR 06008: Stages of Diversification and Capital Accumulation in an Heckscher-Ohlin World, 1975-1995

Catia Batista () and Jacques Potin ()
Additional contact information
Catia Batista: University of Oxford's Economics Department, Postal: Manor Road Building,, Manor Road,, Oxford, OX1 3UQ,, UK
Jacques Potin: ESSEC Business School, Postal: Avenue Bernard Hirsch - B.P. 50105, 95021 CERGY-PONTOISE Cedex , FRANCE,

Abstract: Why do we observe a U-shaped industrial concentration curve over an economy's development path? We show that at least one third of this phenomenon is explained by the effect of capital accumulation on industrial specialization.

Keywords: Heckscher-Ohlin; International Trade

JEL-codes: F11; O40

45 pages, September 2006

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