Advanced Search
MyIDEAS: Login

La loi des coûts comparatifs et la formation des prix internationaux chez Ricardo

Contents:

Author Info

  • Renaud DU TERTRE
Registered author(s):

    Abstract

    This article attempts to show that Ricardo’s law of comparative costs provides an original and complete model, as opposed to the accounts of neoclassical economists. Ricardo’s approach comprises three parts. The first one shows that the country starts having an interest to participate in international trade when the terms of trade deviate from its internal relative costs. The second part establishes that the process of international trade is regulated by the adjustment of relative nominal wages, expressed in a common unit of account, in order to make exported prices comparable. The third part tries to demonstrate that the exchange rate and international terms of trade are determinate when the balance of payments of the given country realises an equilibrium state. Such mechanism is asserted here as it allows to underline the precarious and instable character of this equilibrium.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.cairn.info/acheter_article.php?ID_ARTICLE=CEP_055_0113
    Download Restriction: no

    Bibliographic Info

    Article provided by L'Harmattan in its journal Cahiers d'économie Politique.

    Volume (Year): (2008)
    Issue (Month): 55 (July - Dec)
    Pages: 113-140

    as in new window
    Handle: RePEc:cpo:journl:y:2008:i:55:p:113-140

    Contact details of provider:
    Web page: http://www.cahiersdecopo.fr/fr/

    Order Information:
    Postal: 142 rue du faubourg Saint-Martin. 75010 Paris, France.

    Related research

    Keywords:

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:cpo:journl:y:2008:i:55:p:113-140. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa).

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.