Academic literature on the topic 'Ricardian trade theory'

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Journal articles on the topic "Ricardian trade theory"

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Yap, Kok Wooi, and Doris Padmini Selvaratnam. "Can Ricardian Model Really Explain Trade?" Journal of International Business, Economics and Entrepreneurship 3, no. 1 (2021): 21. http://dx.doi.org/10.24191/jibe.v3i1.14437.

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This paper aims to analyse the international trade in the real world by applying the Ricardian trade theory. In doing this, simple comparative advantage assumptions are used to examine trading of palm oil and rice between Malaysia and Vietnam. By using this theory, it is proven that international trade takes place because of efficiency to produce exported product. A country will export products that use its abundant and cheap factors of production and import products that use its scarce factors. Various empirical evidences of previous studies are als o used to discuss the importance of the Ric
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RUFFIN, ROY J. "THE RICARDIAN FACTOR ENDOWMENT THEORY OF INTERNATIONAL TRADE." International Economic Journal 4, no. 4 (1990): 1–19. http://dx.doi.org/10.1080/10168739000080022.

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Eaton, Jonathan, and Samuel Kortum. "Putting Ricardo to Work." Journal of Economic Perspectives 26, no. 2 (2012): 65–90. http://dx.doi.org/10.1257/jep.26.2.65.

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David Ricardo (1817) provided a mathematical example showing that countries could gain from trade by exploiting innate differences in their ability to make different goods. In the basic Ricardian example, two countries do better by specializing in different goods and exchanging them for each other, even when one country is better at making both. This example typically gets presented in the first or second chapter of a text on international trade, and sometimes appears even in a principles text. But having served its pedagogical purpose, the model is rarely heard from again. The Ricardian model
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Ricci, Luca Antonio. "A Ricardian Model of New Trade and Location Theory." Journal of Economic Integration 12, no. 1 (1997): 47–61. http://dx.doi.org/10.11130/jei.1997.12.1.47.

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Somale, Mariano. "Comparative Advantage in Innovation and Production." American Economic Journal: Macroeconomics 13, no. 3 (2021): 357–96. http://dx.doi.org/10.1257/mac.20180295.

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This paper develops a dynamic model of innovation and international trade in which agents can direct their research efforts to specific goods in the economy. Trade affects the direction of innovation through its impact on the expected market size for an invention, leading to a two-way relationship between trade and technology absent in standard quantitative Ricardian models. Following a theory-consistent strategy to estimate the extent of endogenous adjustments in technology, I find that they can account for about half of the observed variance in comparative advantage in production in a sample
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Bernard, Andrew B., Jonathan Eaton, J. Bradford Jensen, and Samuel Kortum. "Plants and Productivity in International Trade." American Economic Review 93, no. 4 (2003): 1268–90. http://dx.doi.org/10.1257/000282803769206296.

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We reconcile trade theory with plant-level export behavior, extending the Ricardian model to accommodate many countries, geographic barriers, and imperfect competition. Our model captures qualitatively basic facts about U.S. plants: (i) productivity dispersion, (ii) higher productivity among exporters, (iii) the small fraction who export, (iv) the small fraction earned from exports among exporting plants, and (v) the size advantage of exporters. Fitting the model to bilateral trade among the United States and 46 major trade partners, we examine the impact of globalization and dollar appreciati
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Costinot, Arnaud, Dave Donaldson, Jonathan Vogel, and Iván Werning. "Comparative Advantage and Optimal Trade Policy *." Quarterly Journal of Economics 130, no. 2 (2015): 659–702. http://dx.doi.org/10.1093/qje/qjv007.

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Abstract The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker comparative advantage be protected more? Conversely, should export sectors with stronger comparative advantage be subsidized less? In this article we take a first stab at exploring these issues. Our main results imply that in the context of a canonical Ricardian model, optimal import tariffs should be uniform, whereas optimal export subsidies should be weakly decreasi
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Sato, Hideo. "GRAHAM’S THEORY OF INTERNATIONAL VALUES REVISITED: A RICARDIAN TRADE MODEL WITH LINK COMMODITIES." Journal of the History of Economic Thought 43, no. 2 (2021): 193–218. http://dx.doi.org/10.1017/s1053837220000127.

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Frank D. Graham (1890–1949) presented an innovative multi-country, multi-commodity trade model that attached great importance to link commodities and quantity adjustments, not perfect specializations and price adjustments as emphasized by John Stuart Mill and Alfred Marshall. However, due to some shortcomings, this model was not sufficiently understood and has been forgotten. This study reconstructs Graham’s theory of international values by rectifying the shortcomings. Through this reconstruction, the following is clarified. First, in multi-country, multi-commodity trade models, the existence
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Kone, Salif. "USA–China Trade War in Light of the Limits of the Comparative Advantage Principle." Management and Economics Research Journal 5 (2019): 1. http://dx.doi.org/10.18639/merj.2019.961704.

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The trade war, which antagonizes today the United States and China, questions the free trade principle in international trade. To show the dangerousness of this trade war for the world economy, this paper explores the theoretical limits of the comparative advantage principle by analyzing the limitations of the applicability of the comparative costs and endowments criteria. We conclude that the international trade theories not based on the comparative advantage principle are the exception to the rule and therefore, cannot be used to justify the American positions, except to introduce a certain
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Orekhovsky, P. "Structuralism as a Pamphlet (On the Book by E. Reinert “How Rich CountriesGot Rich... And Why Poor Countries Stay Poor”. 2nd ed.)." Voprosy Ekonomiki, no. 12 (December 20, 2014): 147–53. http://dx.doi.org/10.32609/0042-8736-2014-12-147-153.

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The review outlines the connection between E. Reinert’s book and the tradition of structural analysis. The latter allows for the heterogeneity of industries and sectors of the economy, as well as for the effects of increasing and decreasing returns. Unlike the static theory of international trade inherited from the Ricardian analysis of comparative advantage, this approach helps identify the relationship between trade, production, income and population growth. Reinert rehabilitates the “other canon” of economic theory associated with the mercantilist tradition, F. Liszt and the German historic
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Dissertations / Theses on the topic "Ricardian trade theory"

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Sbracia, Massimo. "Essays in Ricardian trade theory." Thesis, Brunel University, 2016. http://bura.brunel.ac.uk/handle/2438/12113.

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We build a general Ricardian model of international trade, which extends Eaton and Kortum (2002), in order to analyze the sources of the gains from trade, the effects of trade openness on productivity, and the role of nominal exchange rates. For general distributions of industry efficiencies, welfare gains can always be de- composed into a selection and a reallocation effect. The former is the change in average efficiency due to the selection of industries that survive international competition. The latter is the rise in the weight of exporting industries in domestic production, due the reallo
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Miroudot, Sébastien. "Trade and growth in Sub-Saharian Africa : the dynamic Ricardian theory and non-homothetic preferences." Paris, Institut d'études politiques, 2008. http://www.theses.fr/2008IEPP0014.

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"Cette thèse est une contribution à la littérature économique sur la relation entre le commerce international et la croissance et plus précisément sur le rôle des préférences non-homothétiques afin d’expliquer pourquoi des pays très pauvres comme ceux d’Afrique sub-saharienne ne bénéficient pas toujours de la libéralisation des échanges. Une première partie passe en revue les théories de la croissance qui incorporent comme variable le commerce ou l’intégration économique, ainsi que les théories du commerce qui sont dynamiques et incluent un "moteur de croissance" rendant compte des évolutions
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Cukrowski, Jacek, and Manfred M. Fischer. "Theory of Comparative Advantage: Do Transportation Costs Matter?" WU Vienna University of Economics and Business, 2000. http://epub.wu.ac.at/4244/1/WGI_DP_6900.pdf.

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The paper presents a formal analysis which incorporates returns to transportation into a Ricardian framework to predict trade patterns. The important point to be gained from this analysis is that increasing returns to transportation, coupled with appropriate distances between trading partners can be shown to reverse Ricardian predictions even when there are no international differences in tastes, technology, or factor endowments. Additional gains from trade may emerge from reductions in aggregate delivery costs owing to scale economies. (authors' abstract)<br>Series: Discussion Papers of the I
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Steingress, Walter. "Essays in International Trade." Thèse, 2014. http://hdl.handle.net/1866/11708.

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Dans ma thèse doctorale, j'étudie trois facteurs importants qui caractérisent le commerce international : les différences technologiques entre les pays, les barrières à l'entrée sous la forme de coûts fixes et la migration internationale. Le premier chapitre analyse si les différences technologiques entre les pays peuvent expliquer la spécialisation dans le commerce international entre les pays. Pour mesurer le niveau de la spécialisation, je calcule les index de concentration pour la valeur des importations et des exportations et décompose la concentration totale dans la marge de produits
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Books on the topic "Ricardian trade theory"

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Jones, Ronald W., and Rolf Weder, eds. 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4.

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Jones, Ronald W., and Rolf Weder. 200 Years of Ricardian Trade Theory: Challenges of Globalization. Springer, 2018.

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Jones, Ronald W., and Rolf Weder. 200 Years of Ricardian Trade Theory: Challenges of Globalization. Springer, 2018.

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Book chapters on the topic "Ricardian trade theory"

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Matsuyama, Kiminori. "Ricardian Trade Theory." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 2008. http://dx.doi.org/10.1057/978-1-349-95121-5_2246-1.

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Matsuyama, Kiminori. "Ricardian Trade Theory." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 2018. http://dx.doi.org/10.1057/978-1-349-95189-5_2246.

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Weder, Rolf. "The Standard Ricardian Trade Model." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_4.

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Ricardo, David. "On Foreign Trade." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_20.

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Ethier, Wilfred J. "The Relevance of Ricardian Trade Theory for the Political Economy of Trade Policy." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_15.

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Weder, Rolf. "The Ricardian Trade Model: Implications and Applications." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_5.

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Jones, Ronald W., and Rolf Weder. "Introduction: Celebrating 200 Years of Ricardian Trade Theory." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_1.

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Rossi-Hansberg, Esteban. "200 Years of Ricardian Theory: The Missing Dynamics." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_17.

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Jones, Ronald W. "The Main Contribution of the Ricardian Trade Theory." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_6.

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Loprieno, Antonio. "Comments on “Mill and Ricardo: The Genesis of Comparative Advantage” by Roy J. Ruffin." In 200 Years of Ricardian Trade Theory. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-60606-4_10.

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Reports on the topic "Ricardian trade theory"

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Baldwin, Richard. The Stolper-Samuelson Theorem Reconsidered: An Example of Ricardian Dynamic Trade Effects. National Bureau of Economic Research, 1989. http://dx.doi.org/10.3386/w3110.

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