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Beyond Ricardo: Assignment Models in International Trade

Author

Listed:
  • Arnaud Costinot

    (Department of Economics, Massachusetts Institute of Technology, Cambridge, Massachusetts 02142
    National Bureau of Economics, Cambridge, Massachusetts 02138)

  • Jonathan Vogel

    (Department of Economics, Columbia University, New York, NY 10027
    National Bureau of Economics, Cambridge, Massachusetts 02138)

Abstract

International trade has experienced a Ricardian revival. In this article, we offer a user guide to assignment models, which we refer to as Ricardo-Roy (R-R) models, that have contributed to this revival.

Suggested Citation

  • Arnaud Costinot & Jonathan Vogel, 2015. "Beyond Ricardo: Assignment Models in International Trade," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 31-62, August.
    • Handle: RePEc:anr:reveco:v:7:y:2015:p:31-62
    as

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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-economics-080213-041435
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    More about this item

    Keywords

    Ricardo-Roy model; comparative advantage; monotone comparative statics; international specialization; distribution of earnings;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor

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