Classification of the frontier in the three-country, three-good Ricardian model

Takeshi Ogawa ()
Additional contact information
Takeshi Ogawa: Nagoya University

Economics Bulletin, 2012, vol. 32, issue 1, 639-647

Abstract: The production assignment problem assumes a central role in the multi-country, multi-good Ricardian trade model. However, resolution of the problem is not sufficient to illustrate the shape of the world production frontier, even if the examination is limited to efficient production of all goods. This study established the frontier pertinent to the three-country, three-good Ricardian model by connecting Ikema's (1993) illustration to McKenzie's (1954) efficient facets in order to classify the shape of the world production frontier. Our analysis indicates that the illustration of the Ricardian model has more explanatory power than the production assignment problem in identifying the shape of the world production frontier, at least in the three-country, three-good model.

Keywords: World production frontier; the Ricardian model; Classification; Efficient facet; Illustration (search for similar items in EconPapers)
JEL-codes: D2 F1 (search for similar items in EconPapers)
Date: 2012-02-14
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2012/Volume32/EB-12-V32-I1-P59.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-10-00710

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().