IDEAS home Printed from https://ideas.repec.org/a/bla/kyklos/v27y1974i3p537-553.html
   My bibliography  Save this article

A Neo ‐ Ricardian Analysis Of International Trade

Author

Listed:
  • L. Mainwaring

Abstract

Countries which have the same no‐trade techniques may still profitably enter into trade, providing that their rates of profit differ, for this implies differences in relative prices. The analysis is conducted by comparing the wage‐profit frontiers appropriate to the production activities in the autarkic and trading equilibria. The motive for trade can be said to be the pursuit of a superior rate of profit‐real wage combination. The ‘gains from trade’ are assessed by comparing the autarky and trade consumption‐growth frontiers. If countries have the same single technique, one country will always gain from trade while the other may lose. If countries have different techniques then both may lose. When each country can choose from a set of techniques then, even if the sets are the same, both may still lose. These possibilities could be avoided in planned economies, whether centralised or decentralised, by ensuring that the maximisation of consumption at a given rate of growth is the objective of trade.

Suggested Citation

  • L. Mainwaring, 1974. "A Neo ‐ Ricardian Analysis Of International Trade," Kyklos, Wiley Blackwell, vol. 27(3), pages 537-553, August.
    • Handle: RePEc:bla:kyklos:v:27:y:1974:i:3:p:537-553
    DOI: 10.1111/j.1467-6435.1974.tb01099.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-6435.1974.tb01099.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-6435.1974.tb01099.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Christian Montet, 1979. "Prix de production internationaux et marchandise- étalon. Remarques sur un modèle de Ghislain Deleplace," Cahiers d'Économie Politique, Programme National Persée, vol. 5(1), pages 85-94.
    2. Ariel Dvoskin & Gabriel Brondino, 2022. "An appraisal of alternative Ricardian trade models," BCRA Working Paper Series 2022104, Central Bank of Argentina, Economic Research Department.
    3. Asim Erdilek, 1977. "The Problem of Deadweight Loss in the International Trade of Growing Capitalist Economies," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 113(II), pages 171-191, June.
    4. Coyle, Barry & Chambers, Robert G. & Schmitz, Andrew, 1986. "Economic Gains from Agricultural Trade: A Review and Bibliography," Miscellaneous Publications 319990, United States Department of Agriculture, Economic Research Service.
    5. Sasaki, Hiroaki, 2018. "North-South Trade and Uneven Development in a Classical Conventional Wage Share Growth Model," MPRA Paper 88631, University Library of Munich, Germany.
    6. David Evans, 1981. "Monopoly Power and Imperialism: Oscar Braun's Theory of Unequal Exchange," Development and Change, International Institute of Social Studies, vol. 12(4), pages 601-610, October.
    7. Christian Montet, 1977. "Changement de technique et gains de l'échange international," Revue Économique, Programme National Persée, vol. 28(5), pages 705-729.
    8. Mariolis, Theodore, 2010. "A neo-Ricardian critique of the traditional static theory of trade, customs unions and common markets," MPRA Paper 23088, University Library of Munich, Germany.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:kyklos:v:27:y:1974:i:3:p:537-553. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0023-5962 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.