Procompetitive gains from trade and comparative advantage

Arbeitspapier

The concepts of comparative and "noncomparative" advantagegains/losses from trade are made precise, related to each other and to an aggregate measure of trade gains in a general equilibrium model with increasing returns to scale and imperfect competition (with any finite number of goods and factors). Making use of concepts of the theory of output rationing a novel necessary condition for trade gains is derived and interpreted. Subject to certain assumptions the theorems of comparative advantage for goods trade and the H-0 theorem in its factor content form are generalized to economies with increasing returns to scale and imperfect competition.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Diskussionsbeiträge - Serie II ; No. 155

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Schweinberger, Albert G.
• Event: Veröffentlichung
• (who): Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
• (where): Konstanz
• (when): 1991

Further information

• Handle: http://hdl.handle.net/10419/101714
• Last update: 10.03.2025, 11:43 AM CET