Beyond Ricardo: Assignment Models in International Trade
نویسندگان
چکیده
منابع مشابه
The Complexity of Models of International Trade
We show a range of complexity results for the Ricardo and Heckscher-Ohlin models of international trade (as Arrow-Debreu production markets). For both models, we show three types of results: 1. When utility functions are Leontief and production functions are linear, it is NP-hard to decide if a market has an equilibrium. 2. When utility functions and production functions are linear, equilibria ...
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The large volume of intra-industry trade is often cited as a critical element favoring trade theories based on increasing returns and imperfect competition over those with constant returns and perfect competition. The former provide an elegant account of intra-industry trade, while the latter, it is often argued, cannot. This paper provides an account of intra-industry trade based squarely on c...
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ژورنال
عنوان ژورنال: Annual Review of Economics
سال: 2015
ISSN: 1941-1383,1941-1391
DOI: 10.1146/annurev-economics-080213-041435