Technology Choice, Overtaking, and Comparative Advantage

Michihiro Ohyama and Ronald Jones

Chapter 2 in International Trade Theory and Competitive Models:Features, Values, and Criticisms, 2018, pp 15-30 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This paper argues that the basic concept of comparative advantage, used in international trade theory to establish choices of commodities exported, can also be used to explain choice of technology by a firm. A firm with a current leading position in a given technology may spurn a new technology, which is developed by a currently lagging firm, leading to future overtaking.

Keywords: International Trade Theory; Models; Competitive Markets (search for similar items in EconPapers)
JEL-codes: R10 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789813200678_0002 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789813200678_0002 (text/html)
Ebook Access is available upon purchase.

Related works:
Journal Article: Technology Choice, Overtaking, and Comparative Advantage (1995)
Working Paper: Technology Choice, Overtaking and Comparative Advantage (1994)
Working Paper: Technology Choice, Overtacking and Comparative Advantage (1993)
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:wsi:wschap:9789813200678_0002

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().