Unifying Ricardo's Theories of Growth and Comparative Advantage
Bibliographic Data
| ID | 9721014 |
|---|---|
| Authors | Andre Burgstaller (corresponding author) |
| Year | 1986 |
| Volume | 53 |
| Issue | 212 |
| Pages | 467 |
| Publication date | 1986-11-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2554097 |
| OpenAlex | W2048103711 |
| Language | EN |
| Citations received | 5 |
| References cited | 6 |
The paper formally integrates Ricardo's two-sector growth model with his theory of comparative advantage. Differences with conventional representations of Ricardian trade theory, as well as with Heckscher-Ohlin-Samuelson theory , are noted. It is shown that the Ricardian equilibrium terms of trade are fully determinate, as against the standard Millian view. Also, trade may, depending on direction of specialization, inhibit rather than promote growth and lead to a net contraction of the world economy. Copyright 1986 by The Review of Economic Studies Limited
Comparative advantage · Economics · Neoclassical economics · Economic Theory and Institutions · Economic Theory and Policy · Political Economy and Marxism
Terms of Trade, Competitive Advantage, and Trade Patterns
Fixed capital in the Ricardian theory of value and distribution
Factor Proportions and Ricardian Comparative Advantage
The Validity of the Long‐run Heckscher–Ohlin Theorem in the Ricardian System
Defense versus Opulence? An Appraisal of the Malthus-Ricardo 1815 Controversy on the Corn Laws
Mr. Ricardo and the Moderns
A Mathematical Formulation of the Ricardian System
Textual Exegesis as a Scientific Problem
Relative Prices, Growth and Trade in a Simple Ricardian System
Adam Smith's Theory of International Trade in the Perspective of Economic Development
The Labor Theory of Value in the Ricardian Theory of International Trade
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,14 |
| Citation span | 1990 - 2015 (26) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 5 |