Ricardo vs. “Ricardian” Model

Jorge Morales Meoqui

MPRA Paper from University Library of Munich, Germany

Abstract: The so-called Ricardian model of contemporary economic textbooks differs significantly from the famous numerical example included in chapter seven of the Principles. The difference is not merely with respect to the definition of the four numbers, but also in terms of underlying proposition, logical construction, assumptions and theoretical implications. Therefore, the textbook model should no longer be considered as part of Ricardo’s international trade theory, nor taken as basis for understanding Ricardo’s superior demonstration of comparative advantage in the Principles.

Keywords: comparative advantage; Ricardian model; CULC model; international trade theory; free trade (search for similar items in EconPapers)
JEL-codes: B12 F11 (search for similar items in EconPapers)
Date: 2010-03-07
New Economics Papers: this item is included in nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/27104/1/MPRA_paper_27104.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/44971/8/MPRA_paper_44971.pdf revised version (application/pdf)

Related works:
Journal Article: Ricardo's Numerical Example Versus Ricardian Trade Model: a Comparison of Two Distinct Notions of Comparative Advantage (2017)
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:pra:mprapa:27104

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().