Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/72332 
Autor:innen: 
Erscheinungsjahr: 
2002
Schriftenreihe/Nr.: 
Centre for Economic Research Working Paper Series No. WP02/19
Verlag: 
University College Dublin, Department of Economics, Dublin
Zusammenfassung: 
I explore the interactions between comparative, competitive and absolute advantage in a two-country model of oligopoly in general equilibrium. Comparative advantage always determines the direction of trade, but both competitive and absolute advantage affect resource allocation, trade patterns and trade volumes. Competitive advantage in the sense of more home firms drives foreign firms out of marginal sectors but also makes some marginal home sectors uncompetitive. Absolute advantage in the sense of a uniform fall in home costs tends to raise home output in all sectors but also leads both countries to specialise less in accordance with comparative advantage.
Schlagwörter: 
Comparative and absolute advantage
comparative and competitive advantage
exchange-rate protection
GOLE (General Oligopolistic Equilibrium)
market integration
JEL: 
F10
F12
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
372.02 kB





Publikationen in EconStor sind urheberrechtlich geschützt.