Static and Dynamic Comparative Advantage: A Multi-Period Analysis with Declining Terms of Trade

THERE IS NO BODY OF ECONOMIC THEORY THAT HAS ACHIEVED GREATER PROFESSIONAL ACCEPTANCE THAN DAVID RICARDO'S THEORY OF COMPARATIVE ADVANTAGE AND THE MODERN EMENDATIONS OF RICARDO'S "LAW." THIS ARTICLE ARGUES THAT IT IS POSSIBLE TO DEMONSTRATE THAT THE BASIC RICARDIAN THEORY OF COMP...

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Veröffentlicht in:	Journal of economic issues 1998-06, Vol.32 (2), p.305-314
Hauptverfasser:	Cypher, James M., Dietz, James L.
Format:	Artikel
Sprache:	eng
Schlagworte:	Analysis Comparative advantage Comparative advantage (Commerce) Countries Economic development ECONOMICS Exports FREE TRADE INTERNATIONAL TRADE Primary products PUBLIC POLICY Terms of trade THEORY BUILDING OR THEORETICAL APPROACH Trade policy Trade specialization
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