Government spending on public goods, specialization-bases external economies and pattern of trade

dc.contributor.authorAnwar, Sajiden
dc.contributor.schoolBusiness Schoolen
dc.date.issued2006en
dc.description.abstractThis paper examines the link between government spending on a public good and pattern of trade in the presence of specialization-based external economies. The results presented in this paper are based on a simple model of an economy that produces one industrial, one agricultural, one public good and a large number of varieties of professional services. It is shown that, when the agricultural and the public goods are non-traded, the country where government spending is relatively large is a net-exporter of varieties of professional services; if varieties of professional services are equally (or more) capital intensive as compared to the industrial good. When the public good and varieties of professional services are non-traded, the country where government spending is relatively large may export the industrial good in exchange for the agricultural good; if the combined capital intensity of professional services and the industrial good is greater than the capital intensity of the agricultural good and the size of specialization-based external economies is sufficiently smallen
dc.description.statementofresponsibilitySajid Anwaren
dc.identifier.citationSingapore Economic Review, 2006; 51(1):19-30en
dc.identifier.issn0217-5908en
dc.identifier.urihttp://hdl.handle.net/2440/35306
dc.language.isoenen
dc.publisherWorld Scientific Publishing Companyen
dc.rights© 2006 World Scientific Publishing Companyen
dc.source.urihttp://proxy.library.adelaide.edu.au/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=20859360&site=ehost-live&scope=siteen
dc.subjectgovernment spending on public goods ;pattern of trade ; specialization-based externalen
dc.titleGovernment spending on public goods, specialization-bases external economies and pattern of tradeen
dc.typeJournal articleen

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