On the origins of comparative advantage
This paper proposes a simple theory of international trade with endogenous productivity differences across countries. The core of our analysis lies in the determinants of the division of labor. We consider a world economy comprising two large countries, with a continuum of goods and one factor of pr...
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| Format: | Article |
| Language: | en_US |
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Elsevier
2010
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| Online Access: | http://hdl.handle.net/1721.1/51726 https://orcid.org/0000-0002-5503-297X |