Arbeitspapier
Testing the Ricardian trade theory
The simple Ricardian model explains the comparative cost advantage by a relative productivity advantage of the single factor of production. This model is tested in this paper using microdata of the german business survey. In a first approach labour is being considered to be the only factor of production whereas in a second one capital is analysed. The results show that the former is able to explain the pattern of trade whereas the latter has no explanatory power. Therefore, labour productivity is a decisive determinant as to whether a commodity will be exported or not.
- Language
-
Englisch
- Bibliographic citation
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Series: Diskussionsbeiträge - Serie II ; No. 113
- Classification
-
Wirtschaft
- Subject
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Außenwirtschaftstheorie
Theorie
Deutschland
- Event
-
Geistige Schöpfung
- (who)
-
Kukuk, Martin
- Event
-
Veröffentlichung
- (who)
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Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
- (where)
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Konstanz
- (when)
-
1990
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kukuk, Martin
- Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
Time of origin
- 1990
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