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...

A stylized model of trade between identical countries is developed, where the only departure from standard neoclassical theory is that worker skills are imperfectly observable. This creates an informational externality since firms take aggregate investments into consideration when making inference about individual workers. The interaction between the informational externality and price effects ...

I explore the interactions between comparative, competitive and absolute advantage in a two-country model of oligopoly in general equilibrium. Comparative advantage always determines the direction of trade, but both competitive and absolute advantage affect resource allocation, trade patterns and trade volumes. Competitive advantage in the sense of more home firms drives foreign firms out of ma...

This paper discusses the implications of basic trade theory for our understanding of the economic performance of national institutional networks. A nation’s institutional configuration importantly shapes the incentives of its economic actors and thereby affects its productive capacities in various economic sectors. I.e., firms’ production functions, and thereby the shapes of national production...

The purpose of this paper is to analyze the comparative advantage of salmon products from Norway in China salmon market compare with other main salmon exporting countries, such as Chile, Canada Japan and U.S.A. Firstly, we give a general introduction of Norwegian salmon exports, then we apply Balassa’s Revealed Comparative Advantage index and modify it according to this case, then make analysis...

چکیده زعفران به عنوان طلای سرخ ایران با ارزش ترین محصول کشاورزی و گران ترین ادویه جهان در تاریخ صادرات کشورمان همواره از جایگاه خاصی برخوردار بوده و پس از پسته مهمژ ترین محصول صادراتی غیرنفتی کشور می باشد. لذا در این مقاله سعی شده است با استفاده از روش ماتریس تحلیل سیاست 3 (pam)، ضمن بررسی شاخص های حمایتی، مزیت نسبی ایران در تولید زعفران و نیز توان رقابت آن در بازارهای جهانی در سال 1387 مورد بر...