IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/6918.html
   My bibliography  Save this paper

Some observations regarding the demythification of the comparative advantage’s principle within Manoilescu generalized scheme

Author

Listed:
  • Dogaru, Vasile

Abstract

The validity in time of the comparative advantage’s principle, also of its application’s denial, can generate certain misunderstandings in the good exchange’s observation for an outsider (common sense), including the expert from other economics’ areas. The resolution for these cases can be made through checking requires’ discharging of the analytical economicity’s principle. In these conditions it can be noticed if the schemes, deducted in the analytical decomposition’s basis of the standard actions, can be used in the more precise and easier measurement than through empirical calculations in order to determine the comparative advantage’s size, of the gains from trade and the productivity effect. Manoilescu generalized scheme has, from this perspective the two main characteristics: its building has started from the empirical reality’s study of the exchange phenomena and the observation has been made only inside the economics’ borders. This way the scheme sustains the unitary explanations’ approaches of some different angles of understanding the comparative advantage on basis of some analytical efforts of other researchers. The suggested scheme separates the strictly economic analysis from the one inside the politic area (commercial politics), also of the productivity effect from more exact connections, decompounding the measurement in two steps. The identification through dialectical judgements, made as a continuation of the analytical ones, of the concordance between the built analytical reality and the empirical one, assures the check of the analytical economy’s principle. This step contributes to the permanent validity’s grounding of the comparative advantage’s principle in the exchange connections within the competitive economies. Meanwhile, the demythification of its full and permanent usage is also supported, in the way of its maximum potential’s capitalization in the manufactured and exchanged goods’ choice. The comparative advantage’s principle is nothing but an application of the minimum effort’s principle – the last one having a wider area of action – and will probably remain in the economies based on the social, competitive, monetary or natural relations.

Suggested Citation

  • Dogaru, Vasile, 2005. "Some observations regarding the demythification of the comparative advantage’s principle within Manoilescu generalized scheme," MPRA Paper 6918, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:6918
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/6918/1/MPRA_paper_6918.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dogaru, Vasile, 2005. "The general validity of comparative advantage in trade exchanges," MPRA Paper 6882, University Library of Munich, Germany.
    2. W. Baumol, 2001. "What Marshall Didn't Know: On the Twentieth Century's Contributions to Economics," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 2.
    3. Dogaru, Vasile, 2005. "Comparative Advantage In The Generalized Scheme Of Manoilescu," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 2(3), pages 91-113.
    4. Alan V Deardorff, 2011. "How Robust is Comparative Advantage?," World Scientific Book Chapters, in: Robert M Stern (ed.), Comparative Advantage, Growth, And The Gains From Trade And Globalization A Festschrift in Honor of Alan V Deardorff, chapter 17, pages 183-195, World Scientific Publishing Co. Pte. Ltd..
    Full references (including those not matched with items on IDEAS)

    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. Wignaraja, Ganeshan, 2008. "FDI and Innovation as Drivers of Export Behaviour: Firm-level Evidence from East Asia," MERIT Working Papers 2008-061, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Mark Lutz, 2008. "Revisiting the Relevance of International Trade Theory," Forum for Social Economics, Springer;The Association for Social Economics, vol. 37(2), pages 147-164, August.
    3. Milan Zafirovski, 2022. "Some dilemmas of economic democracy: Indicators and empirical analysis," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 43(1), pages 252-302, February.
    4. Rajib Roy & Fatima Akhtar & Niladri Das, 2017. "Entrepreneurial intention among science & technology students in India: extending the theory of planned behavior," International Entrepreneurship and Management Journal, Springer, vol. 13(4), pages 1013-1041, December.
    5. Dogaru, Vasile, 2007. "Trade Costs Algorithm in Manoilescu Generalised Scheme," MPRA Paper 6919, University Library of Munich, Germany.
    6. Warziniack, Travis W. & Finnoff, David & Shogren, Jason F., 2013. "Public economics of hitchhiking species and tourism-based risk to ecosystem services," Resource and Energy Economics, Elsevier, vol. 35(3), pages 277-294.
    7. Dogaru, Vasile, 2005. "The general validity of comparative advantage in trade exchanges," MPRA Paper 6882, University Library of Munich, Germany.
    8. Lindsey, Robin & Santos, Georgina, 2020. "Addressing transportation and environmental externalities with economics: Are policy makers listening?," Research in Transportation Economics, Elsevier, vol. 82(C).
    9. Zoya Mladenova, 2005. "XX Century and the Evolution of the Economic Theory (Neoclassical Theory: Development of Microeconomics)," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 3-23.
    10. Argentino Pessoa, 2005. "Reforma Económica e Convergência," Notas Económicas, Faculty of Economics, University of Coimbra, issue 21, pages 35-56, June.
    11. Costinot, Arnaud & Komunjer, Ivana, 2006. "What Good Do Countries Trade? New Ricardian Predictions," University of California at San Diego, Economics Working Paper Series qt9t9818ng, Department of Economics, UC San Diego.
    12. Heitor Pellegrina & Sebastian Sotelo, 2019. "Migration, Specialization and Trade: Evidence from the Brazilian March to the West," 2019 Meeting Papers 863, Society for Economic Dynamics.
    13. Dvoskin, Ariel & Ianni, Guido, 2021. "Produced means of production and the chain of comparative advantages," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 635-647.
    14. Erling Røed Larsen, 2002. "The Political Economy of Global Warming. From Data to Decisions," Discussion Papers 322, Statistics Norway, Research Department.
    15. Dogaru, Vasile, 2007. "Algorithm of Monetary Exchange in Manoilescu Generalised Scheme," MPRA Paper 6917, University Library of Munich, Germany.
    16. Baboo M Nowbutsing, 2011. "Fragility of Comparative Advantage in Higher Dimensions: An Experimental Investigation," Journal of Economics and Behavioral Studies, AMH International, vol. 2(4), pages 151-170.
    17. French, Scott, 2017. "Revealed comparative advantage: What is it good for?," Journal of International Economics, Elsevier, vol. 106(C), pages 83-103.
    18. Wignaraja, Ganeshan, 2008. "Foreign ownership, technological capabilities and clothing exports in Sri Lanka," Journal of Asian Economics, Elsevier, vol. 19(1), pages 29-39, February.
    19. Argentino Pessoa, 2004. "Institutional innovations, growth performance and policy," ERSA conference papers ersa04p157, European Regional Science Association.
    20. Takeshi Ogawa, 2013. "Application of Jones' Inequality to the n-country, m-good Ricardo–Graham Model," Economics Bulletin, AccessEcon, vol. 33(1), pages 379-387.

    More about this item

    Keywords

    comparative advantage; Manoilescu generalized scheme; measurement; analytical economy principle; minimum effort; total factor productivity; epistemology;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

    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:pra:mprapa:6918. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.