A Ricardo-Sraffa paradigm comparing gains from trade in inputs and finished products.
The writer merges the economic theories espoused by David Ricardo in 1817—concerning free trade in consumable wine and cloth between Portugal and the U.K.—and the input-output analysis used by Piero Sraffa in his 1960's Production of Commodities by Means of Commodities. Furthermore, he chooses nume...
| Publicado en: | Journal of Economic Literature Vol. 39; no. 4; pp. 1204 - 1215 |
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| Autor principal: | |
| Formato: | Artículo |
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American Economic Association
December 2001
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The writer merges the economic theories espoused by David Ricardo in 1817—concerning free trade in consumable wine and cloth between Portugal and the U.K.—and the input-output analysis used by Piero Sraffa in his 1960's Production of Commodities by Means of Commodities. Furthermore, he chooses numerical parameters to demonstrate how sizeable might be globalization's gains to welfare for people at different stages of development. |
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