IDEAS home Printed from https://ideas.repec.org/a/taf/eujhet/v28y2021i2p201-228.html
   My bibliography  Save this article

Robert Torrens’ model of trade and growth: genesis and implications for the discovery of comparative advantage

Author

Listed:
  • Michael Gaul

Abstract

This paper analyzes the evolution of Torrens’ trade theory from 1808 to 1826. Firstly, it shows that Torrens’ reflections on trade evolved considerably by comparing The Economists Refuted and the Essay on the Production of Wealth. Secondly, it offers an explanation of how and why this evolution took place by scrutinising the different editions of the Essay on the External Corn Trade. Thirdly, Torrens’ model of trade and growth is presented. Finally, by identifying the assumptions underlying the model, it is argued that, in the early 1820s, Torrens still adheres to the absolute advantage theory.

Suggested Citation

  • Michael Gaul, 2021. "Robert Torrens’ model of trade and growth: genesis and implications for the discovery of comparative advantage," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 28(2), pages 201-228, March.
    • Handle: RePEc:taf:eujhet:v:28:y:2021:i:2:p:201-228
    DOI: 10.1080/09672567.2020.1785521
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09672567.2020.1785521
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09672567.2020.1785521?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rog?rio Arthmar & Taro Hisamatsu, 2021. "Robert Torrens on Say?s Law and the General Glut," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 10(1), pages 83-105.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eujhet:v:28:y:2021:i:2:p:201-228. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REJH20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.