Effi cient Specialization in Ricardian Production

It is well known that the analysis of efficient specialization in Ricardian production with many countries and many commodities cannot be broken down to the simple case of two countries and two commodities. By drawing on some recent results of convex geometry and the theory of cephoids, this paper characterizes efficient patterns of incomplete specialization in the general case.

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Year of publication:	2010-11
Authors:	Richter, Wolfram F. ; Rosenmüller, Joachim
Institutions:	Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
Subject:	Ricardian trade \| efficient specialization \| comparative cost \| cephoids \| deGua simplexes

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Extent:	application/pdf
Series:	Ruhr Economic Papers. - ISSN 1864-4872.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 0230 18 pages
Classification:	F10 - Trade. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009018054