Domestic Demand, Comparative Advantage, and the Pattern of Trade
Case studies indicate that differences in domestic demand among countries are important determinants of the pattern of trade. This paper discusses how the observed relationship between demand and trade is part of and could be integrated into international trade theory. It is argued that the "new" trade theory is a better candidate to account for the empirical observations, even though the Ricardian principle of comparative advantage seems to hold.
Year of publication: |
1995
|
---|---|
Authors: | Weder, Rolf |
Published in: |
Swiss Journal of Economics and Statistics (SJES). - Schweizerische Gesellschaft für Volkswirtschaft und Statistik / Société Suisse d"Économie et de Statistique - SGVS/SSES, ISSN 0303-9692. - Vol. 131.1995, III, p. 377-388
|
Publisher: |
Schweizerische Gesellschaft für Volkswirtschaft und Statistik / Société Suisse d"Économie et de Statistique - SGVS/SSES |
Saved in:
freely available
Saved in favorites
Similar items by person
-
To Wait or Not to Wait: Swiss EU-Membership as an Investment under Uncertainty
Spirig, Beat, (2004)
-
International Trade in Variety and Domestic Production
Lewrick, Ulf, (2011)
-
Shark Hunting: International Trade and the Imminent Extinction of Heterogeneous Species
Erhardt, Tobias, (2015)
- More ...