Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/101714 
Year of Publication: 
1991
Series/Report no.: 
Diskussionsbeiträge - Serie II No. 155
Publisher: 
Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft, Konstanz
Abstract: 
The concepts of comparative and "noncomparative" advantagegains/losses from trade are made precise, related to each other and to an aggregate measure of trade gains in a general equilibrium model with increasing returns to scale and imperfect competition (with any finite number of goods and factors). Making use of concepts of the theory of output rationing a novel necessary condition for trade gains is derived and interpreted. Subject to certain assumptions the theorems of comparative advantage for goods trade and the H-0 theorem in its factor content form are generalized to economies with increasing returns to scale and imperfect competition.
Document Type: 
Working Paper

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