Xing, Xiaobing; Xu, Jiexiang - In: The Journal of International Trade & Economic Development 23 (2014) 8, pp. 1145-1169
This paper constructs an oligopolistic dynamic Heckscher-Ohlin (H-O) model of a small open economy to analyze the relationship between the saving rate and the upgrade of the trade commodity structure. The analysis shows that the saving rate determines the trade commodity structure of a country...