Arbeitspapier

Performing comparative advantage: The case of the global coffee business

We posit that comparative advantage is discovered via alternative transactional regimes of trading. Transactional regimes are performative, based on different forms of embedded agency. The theory is applied on a study of Brazilian coffee business which manifests the increasing importance of specialty coffee. Innovations in the transactional regime have created new forms of agency which triggered new ways to produce coffee and to activate the hidden potential of variety in consumer tastes. Comparative advantage, though still driven by endowments with natural resources, relates with very different product characteristics and forms of market organization. This constitutes the performativity of comparative advantage.

Language
Englisch

Bibliographic citation
Series: Frankfurt School - Working Paper Series ; No. 167

Classification
Wirtschaft
Current Heterodox Approaches: Historical; Institutional; Evolutionary
Trade: General
Empirical Studies of Trade
Economic Development: General
Subject
comparative advantage
trading
transactional regimes
performativity
coffee

Event
Geistige Schöpfung
(who)
Andriani, Pierpaolo
Herrmann-Pillath, Carsten
Event
Veröffentlichung
(who)
Frankfurt School of Finance & Management
(where)
Frankfurt a. M.
(when)
2011

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Andriani, Pierpaolo
  • Herrmann-Pillath, Carsten
  • Frankfurt School of Finance & Management

Time of origin

  • 2011

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