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Persistent link: https://www.econbiz.de/10014329851
This paper explores the possibility of international technology transfer in lieu of trade in a model with absolute and comparative advantage. Countries having absolute advantage in producing a good may offer that technology to a possible trading partner against a fee and both the countries might...
Persistent link: https://www.econbiz.de/10012584221
Persistent link: https://www.econbiz.de/10012500710
In this paper we closely examine the implications of comparative advantage for foreign direct investment (FDI) incentives. Particularly, we find that the host country¡¯s comparative advantage sector is more attractive to inward FDI than its comparative disadvantage sector. This finding is...
Persistent link: https://www.econbiz.de/10009144544
Division of labour is the specialization of cooperative labour in specific, circumscribed tasks and roles, intended to increase the productivity of labour. Historically the growth of a more and more complex division of labour is closely associated with the growth of total output and trade, the...
Persistent link: https://www.econbiz.de/10008835216
Why are females compared to males both more likely to have strong STEM-related performance and less likely to study STEM later on? We exploit random assignment of students to classrooms in Greece to identify the impact of comparative advantage in STEM relative to non-STEM subjects on STEM...
Persistent link: https://www.econbiz.de/10012269991
This paper explores the possibility of international technology transfer in lieu of trade in a model with absolute and comparative advantage. Countries having absolute advantage in producing a good may offer that technology to a possible trading partner against a fee and both the countries might...
Persistent link: https://www.econbiz.de/10012599251
We introduce a simple web-based classroom experiment in which students learn the Ricardian model of international trade. Students are assigned to countries and then make individual production, trade and consumption decisions. The analysis of experimental data introduces students to the concepts...
Persistent link: https://www.econbiz.de/10005518216
Persistent link: https://www.econbiz.de/10011455811
Heterodox feminist scholars have argued that global trade patterns reflect patterns of competitive advantage-rather than comparative advantage-and that that competitive advantage is gendered. Further, they have suggested that we need more theoretical and empirical scholarship in this area. This...
Persistent link: https://www.econbiz.de/10012021686