Country size, technology, and Ricardian comparative advantage
نویسندگان
چکیده
منابع مشابه
Classical Ricardian Theory of Comparative Advantage Revisited
According to the classical Ricardian theory of comparative advantage, relative labor productivities determine trade patterns. The Ricardian model plays an important pedagogical role in international economics, but has received scant empirical attention since the 1960s. This paper assesses the contemporary relevance of the Ricardian model for US trade. Cross-section seemingly unrelated regressio...
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This paper studies the origins of Ricardian comparative advantage. I develop an endogenous growth model where productivity differences across firms and countries emerge from R&D investment by incumbent firms with heterogeneous R&D capabilities. Less productive firms have an advantage of backwardness and spillovers depend upon the productivity frontier in each country. The theory characterizes h...
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In this paper, we merge the heterogenous firm model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale, country sizes and trade barriers. The model is able to capture the existence of inter-industry trade and intr...
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This paper investigates whether differences across countries in overall country-specific trade costs affect comparative advantage. It does so by examining whether the commodity composition of countries’ trade is driven by differences in countries’ trade costs, as well as by differences in traditional factor endowments. Industry export shares across up to 71 countries and 158 manufacturing indus...
متن کاملHeterogeneous Technology Diffusion and Ricardian Trade Patterns
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting heterogeneous technology diffusion from immigrant communities in the United States for identification. The lat...
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ژورنال
عنوان ژورنال: Review of International Economics
سال: 2020
ISSN: 0965-7576,1467-9396
DOI: 10.1111/roie.12461