An Elementary Theory of Comparative Advantage
Comparative advantage, whether driven by technology or factor endowment, is at the core of neoclassical trade theory. Using tools from the mathematics of complementarity, this paper offers a simple yet unifying perspective on the fundamental forces that shape comparative advantage. The main resul...
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| Format: | Article |
| Language: | en_US |
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Econometric Society
2010
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| Online Access: | http://hdl.handle.net/1721.1/51725 https://orcid.org/0000-0002-5503-297X |