Chapter 3. Driving Force I - Exogenous Comparative Advantage and Trading Efficiency

  1. Xiaokai Yang

Published Online: 14 JAN 2008

DOI: 10.1002/9780470752036.ch3

Economic Development and the Division of Labor

Economic Development and the Division of Labor

How to Cite

Yang, X. (ed) (2003) Driving Force I - Exogenous Comparative Advantage and Trading Efficiency, in Economic Development and the Division of Labor, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470752036.ch3

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2003

ISBN Information

Print ISBN: 9780631220039

Online ISBN: 9780470752036

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Keywords:

  • technical progress;
  • adam smith;
  • investigating mechanisms;
  • endogenization;
  • consumption

Summary

This chapter contains section titled:

  • USE OF THE CONCEPT OF GENERAL EQUILIBRIUM TO FIGURE OUT MECHANISMS FOR ECONOMIC DEVELOPMENT

  • A RICARDIAN MODEL WITH EXOGENOUS COMPARATIVE TECHNOLOGICAL ADVANTAGE AND TRANSACTION COSTS

  • ANALYSIS OF DECISIONS VERSUS EQUILIBRIUM ANALYSIS OF DEVELOPMENT

  • PER CAPITA REAL INCOME, GDP, GNP, AND PPP

  • ECONOMIC DEVELOPMENT AND TRADE POLICY

  • COMPARATIVE ENDOWMENT ADVANTAGE AND TRANSACTION EFFICIENCY