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The Doctrine of Comparative Cost

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  • Edward S. Mason

Abstract

I. The value problem in international trade theory, 63. — II. Relation of real costs to value in general theory and in the theory of international trade, 65. — The importance of a unit of measurement of real costs. 66. — III. Position of the doctrine of comparative cost in international trade theory, 72. Treatment by Ricardo and Mill of the relation of real costs to value, 72. — IV. Cairnes and the doctrine of non-competing groups, 77. — Importance of this for the doctrine of comparative cost, 81. — V. Treatment by Bastable and Marshall of therelation of real costs to value in value theory and in the theory of comparative cost, 83. —V I. Summary and conclusion, 92.

Suggested Citation

  • Edward S. Mason, 1926. "The Doctrine of Comparative Cost," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 41(1), pages 63-93.
    • Handle: RePEc:oup:qjecon:v:41:y:1926:i:1:p:63-93.
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    File URL: http://hdl.handle.net/10.2307/1885553
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    Cited by:

    1. Jorge Morales Meoqui, 2017. "Ricardo's Numerical Example Versus Ricardian Trade Model: a Comparison of Two Distinct Notions of Comparative Advantage," Economic Thought, World Economics Association, vol. 6(1), pages 35-55, March.
    2. Dariusz Kotlewski, 2022. "Przesłanki za wykorzystaniem rachunkowości wzrostu gospodarczego w badaniu specjalizacji regionalnych," Ekonomista, Polskie Towarzystwo Ekonomiczne, issue 2, pages 235-258.

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