Absolute advantages and capital mobility in international trade theory

被引：7

作者：

Bellino, Enrico ^{[1
]}

Fratini, Saverio M. ^{[2
]}

机构：

[1] Univ Cattolica Sacro Cuore, Inst Econ Theory & Quantitat Methods, Milan, Italy

[2] Univ Roma Tre, Dept Econ, Rome, Italy

来源：

EUROPEAN JOURNAL OF THE HISTORY OF ECONOMIC THOUGHT | 2022年 / 29卷 / 02期

关键词：

Capital mobility; absolute advantage; specialisation; FOREIGN-TRADE; EQUALIZATION; LAW;

D O I：

10.1080/09672567.2021.1967418

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Capital mobility has the potential of undermining the validity of Ricardo's theory of comparative advantage. Within this context, the tendency towards a uniform rate of profit makes absolute costs relevant for the analysis of specialisation patterns. A historical and analytical reconstruction is presented of a few significant contributions addressing this point, with a particular focus on the possibility of exclusion from trade and production "desertification" caused by a country's low profitability of capital. A generalisation of a result obtained by Parrinello is provided.

引用

页码：271 / 293

页数：23

共 28 条

[1] [Anonymous], 1976, GLASGOW EDITION WORK
[2] [Anonymous], 2008, EC POLITICA INTEGRAZ
[3] Aspromourgos T., 2008, SCI WEALTH A SMITH F
[4] Bellino E., 2018, Contributions to Political Economy, V37, P25, DOI [10.1093/cpe/bzy011, DOI 10.1093/CPE/BZY011]
[5] BHARADWAJ K, 1984, ECON POLIT WEEKLY, V19, pPE81
[6] TRADE WITH FIXED REAL WAGES AND MOBILE CAPITAL
BREWER, A
[J]. JOURNAL OF INTERNATIONAL ECONOMICS, 1985, 18 (1-2) : 177 - 186
[7] Brewer A., 1990, MARXIST THEORIES IMP
[8] Emmanuel Arghiri., 1972, UNEQUAL EXCHANGE
[9] A CRITICAL-ASSESSMENT OF SOME NEO-MARXIAN TRADE THEORIES
EVANS, D
[J]. JOURNAL OF DEVELOPMENT STUDIES, 1984, 20 (02) : 202 - 226
[10] THE GRAVITATION OF MARKET PRICES AS A STOCHASTIC PROCESS
Fratini, Saverio M.
Naccarato, Alessia
[J]. METROECONOMICA, 2016, 67 (04) : 698 - 716

← 1 2 3 →