haku: @author Rauch, J. E. / yhteensä: 8
viite: 8 / 8
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| Tekijä: | Rauch, J. E. |
| Otsikko: | Comparative advantage, geographic advantage and the volume of trade |
| Lehti: | Economic Journal
1991 : SEP, VOL. 101:408, p. 1230-1244 |
| Asiasana: | TRADE INTERNATIONAL TRADE MACROECONOMIC MODELS TRANSPORT COSTS |
| Kieli: | eng |
| Tiivistelmä: | A model has been developed where the direction of trade between countries in more than two commodities is determinate yet countries are incompletely specialised in production. The volume of trade in any good depends on the degree of comparative advantage in that good. The model has a unique solution and can therefore be used for the same comparative static analyses as the Ricardian continuum-of-goods model that it generalises. The key difference between this model and standard international trade models is the existence of per-unit-distance transportation costs within a country. New results are derived jointly with the relationship between comparative advantage and the volume of trade. |
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