Munich Personal RePEc Archive

The effects of information communication technology on the terms of trade between north-south countries: a structural economic dynamic approach

Araujo, Ricardo Azevedo and Marangoni, GianDemetrio and Teixeira, Joanílio Rodolpho (2004): The effects of information communication technology on the terms of trade between north-south countries: a structural economic dynamic approach. Published in: International Review of Economics and Business , Vol. LI, No. 2 (June 2004): pp. 193-206.

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Abstract

Information Communication Technology has been identified as a major determinant of international competitiveness between nations in recent years, through increased labor productivity. Depending on the choice of techniques, process innovations may also result in increasing differences in income per capita between developed and underdeveloped countries. Following a structural economic dynamic approach, this paper examines the potential impact of Information Communication Technology on the terms of trade between North-South countries and presents two particular scenarios.

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