IDEAS home Printed from https://ideas.repec.org/a/taf/rsocec/v66y2008i4p469-499.html
   My bibliography  Save this article

Trade, People and Places: A Social Economic-Geographic Approach to Comparative Institutional Advantage

Author

Listed:
  • Geoffrey Schneider
  • Paul Susman

Abstract

This paper examines the theoretical underpinning of contemporary trade policies through a social economics lens. The paper offers a social economic critique of the theory of comparative advantage and the recently developed theory of comparative institutional advantage. Subsequently, the paper develops a more comprehensive and general theory of comparative institutional advantage consistent with the principles and methodology of social economics. Furthermore, it suggests ways in which this social economic-geographic version of the theory of comparative institutional advantage can be used in the construction of trade policies which are more likely to have a beneficial impact on the welfare of communities and to foster the fulfilling of human needs and potential. This version of the theory serves to reorient the focus of economic policy to the welfare of the community and the income-generating possibilities of trade. And it serves as a superior guide to policymaking because it is better able to define the root causes of regional success than standard trade theories.

Suggested Citation

  • Geoffrey Schneider & Paul Susman, 2008. "Trade, People and Places: A Social Economic-Geographic Approach to Comparative Institutional Advantage," Review of Social Economy, Taylor & Francis Journals, vol. 66(4), pages 469-499.
    • Handle: RePEc:taf:rsocec:v:66:y:2008:i:4:p:469-499
    DOI: 10.1080/00346760801932684
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00346760801932684
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00346760801932684?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
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Scott, Allen J. (ed.), 2001. "Global City-Regions: Trends, Theory, Policy," OUP Catalogue, Oxford University Press, number 9780198297994.
    2. Jagdish N. Bhagwati, 2004. "In Defense of Globalization: It Has a Human Face," Rivista di Politica Economica, SIPI Spa, vol. 94(6), pages 9-20, November-.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Geoffrey Schneider, 2008. "Comparative Institutional Advantage and the Appropriate Development Model for Sub-Saharan Africa," Forum for Social Economics, Taylor & Francis Journals, vol. 37(2), pages 115-124, January.
    2. Geoffrey Schneider & Paul Susman, 2010. "Uneven Development and Grounded Comparative Institutional Advantage: Lessons from Sweden and Mondragon," Forum for Social Economics, Springer;The Association for Social Economics, vol. 39(1), pages 1-11, April.
    3. Escobal, Javier & Favareto, Arilson & Aguirre, Francisco & Ponce, Carmen, 2015. "Linkage to Dynamic Markets and Rural Territorial Development in Latin America," World Development, Elsevier, vol. 73(C), pages 44-55.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mace, Alan & Holman, Nancy & Paccoud, Antoine & Sundaresan, Jayaraj, 2015. "Coordinating density; working through conviction, suspicion and pragmatism," LSE Research Online Documents on Economics 56768, London School of Economics and Political Science, LSE Library.
    2. Jennifer Robinson, 2011. "Cities in a World of Cities: The Comparative Gesture," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 35(1), pages 1-23, January.
    3. Bo Liu & Desheng Xue & Yiming Tan, 2019. "Deciphering the Manufacturing Production Space in Global City-Regions of Developing Countries—a Case of Pearl River Delta, China," Sustainability, MDPI, vol. 11(23), pages 1-26, December.
    4. Yingqi Wei & V. N. Balasubramanyam, 2006. "Diaspora and Development," The World Economy, Wiley Blackwell, vol. 29(11), pages 1599-1609, November.
    5. Costantini, Valeria & Monni, Salvatore, 2008. "Environment, human development and economic growth," Ecological Economics, Elsevier, vol. 64(4), pages 867-880, February.
    6. John Parr, 2015. "The city and the region as contrasts in spatial organization," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(3), pages 797-817, May.
    7. HaeRan Shin & Quentin Stevens, 2013. "How Culture and Economy Meet in South Korea: The Politics of Cultural Economy in Culture-led Urban Regeneration," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 37(5), pages 1707-1723, September.
    8. Anthony Goerzen & Michael Sartor & Kristin Brandl & Stacey Fitzsimmons, 2023. "Widening the lens: Multilevel drivers of firm corporate social performance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(1), pages 42-60, February.
    9. Vicente Romero de à vila Serrano, 2019. "The Intrametropolitan Geography of Knowledge-Intensive Business Services (KIBS): A Comparative Analysis of Six European and U.S. City-Regions," Economic Development Quarterly, , vol. 33(4), pages 279-295, November.
    10. Jo Jakobsen & Indra De Soysa, 2006. "Do Foreign Investors Punish Democracy? Theory and Empirics, 1984–2001," Kyklos, Wiley Blackwell, vol. 59(3), pages 383-410, August.
    11. Robert R. Hewitt, 2014. "Globalization and Landscape Architecture," SAGE Open, , vol. 4(1), pages 21582440135, February.
    12. Christopher E.S. WARBURTON, 2017. "Trade Treaties and Deglobalization," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 17(1), pages 71-88.
    13. René Véron, 2010. "Small Cities, Neoliberal Governance and Sustainable Development in the Global South: A Conceptual Framework and Research Agenda," Sustainability, MDPI, vol. 2(9), pages 1-16, September.
    14. Prema-chandra Athukorala, 2012. "Disaster, Generosity and Recovery: Indian Ocean Tsunami," Departmental Working Papers 2012-04, The Australian National University, Arndt-Corden Department of Economics.
    15. Michael Storper & Anthony J. Venables, 2004. "Buzz: face-to-face contact and the urban economy," Journal of Economic Geography, Oxford University Press, vol. 4(4), pages 351-370, August.
    16. Lalountas, Dionisios A. & Manolas, George A. & Vavouras, Ioannis S., 2011. "Corruption, globalization and development: How are these three phenomena related?," Journal of Policy Modeling, Elsevier, vol. 33(4), pages 636-648, July.
    17. Michał Myck & Mateusz Najsztub, 2020. "Implications of the Polish 1999 administrative reform for regional socio‐economic development," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 28(4), pages 559-579, October.
    18. Samira Oukarfi & Maurice Baslé, 2009. "Public-sector financial incentives for business relocation and effectiveness measures based on company profile and geographic zone," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 43(2), pages 509-526, June.
    19. Ludovic Halbert, 2008. "Examining the Mega-City-Region Hypothesis: Evidence from the Paris City-Region/Bassin parisien," Regional Studies, Taylor & Francis Journals, vol. 42(8), pages 1147-1160.
    20. Walter J. Nicholls, 2011. "The Los Angeles School: Difference, Politics, City," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 35(1), pages 189-206, January.

    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:taf:rsocec:v:66:y:2008:i:4:p:469-499. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RRSE20 .

    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.