منابع مشابه
Comparative Advantage and Competitive Advantage:
There is a considerable amount of controversy about the model(s) of comparative advantage and its applicability to international business, in particular as a guide to the success of nations and/or firms in international markets. This perception (or understanding) of inapplicability of the model(s) of comparative advantage has lead international business experts to develop new models, or what ma...
متن کاملComparative Advantage, Complexity, and Volatility∗
Less developed countries tend to experience higher output volatility, a fact that is in part explained by their specialization in more volatile sectors. This paper proposes theoretical explanations for this pattern of specialization – with the complexity of the goods playing a central role. Specifically, less developed countries with lower institutional ability to enforce contracts, or alternat...
متن کاملCareer Progression and Comparative Advantage
This paper constructs and structurally estimates a dynamic occupational choice model that has two distinct features. First, an occupation is vertically and horizontally differentiated by a multidimensional task complexity measure. This allows a simultaneous analysis of career progression and comparative advantage. Second, the model includes hundreds of occupations by characterizing all jobs by ...
متن کاملComparative advantage and heterogeneous firms
This paper examines how country, industry and firm characteristics interact in general equilibrium to determine nations’ responses to trade liberalization. When firms possess heterogeneous productivity, countries differ in relative factor abundance and industries vary in factor intensity, falling trade costs induce reallocations of resources both within and across industries and countries. Thes...
متن کاملThediscoveryof Comparative Advantage
Thus Jacob Viner (1937, p. 442) balanced the claims of E. R. A. Seligman for Robert Torrens against those of J. H. Hollander for David Ricardo. Lionel Robbins (1958) found rather more in Torrens, and J. Chipman (1965) also made much of his contribution. W. O. Thweatt (1976) made a small sensation when he attributed Ricardo’s formulation to James Mill, regarded only as a popularizer of Ricardo’s...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2298643