Exogenous Comparative Advantages in Technology and Endowment, Division of Labor, and Trade

Xiaokai Yang and Wai-Man Liu
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Wai-Man Liu: University of New South Wales, Australia

Chapter 10 in Inframarginal Economics, 2008, pp 283-327 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Endogenous vs. Exogenous Comparative AdvantageA Ricardian Model with Exogenous Comparative Technological Advantage and Transaction CostsAnalysis of Decisions vs. Analysis of EquilibriumEconomic Development and Trade PolicyComparative Endowment Advantage and Trading efficiencyFurther Reading

Keywords: Inframarginal Economics; Inframarginal Analysis; Division of Labor; Specialization; Network Effects; Smithian Framework; Transaction Costs (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2008
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