Taylor, Alan M.; Bergin, Paul; Glick, Reuven - Economics Department, University of California-Davis - 2005
an updated Balassa-Samuelson model inspired by recent developments in trade theory, where a continuum of goods are … likely to become tradable and crowd out firms not experiencing productivity gains. As a result the usual Balassa-Samuelson … assumption—that productivity gains be concentrated in the traded goods sector—emerges endogenously, and the Balassa-Samuelson …