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Un’infondata portata attribuita alla teoria ricardiana dei vantaggi comparati: un punto di vista post-keynesiano
[A weak reach assigned to the ricardian theory of comparative advantage: a Post-Keynesian perspective]

Author

Listed:
  • Parrinello, Sergio

Abstract

This paper stresses the role of absolute productivities and absolute advantages, instead of relative productivities and comparative advantages, in the determination of the existence and pattern of international trade. It owes to the contribution of Brewer’s (1985) article, which follows an approach similar to that adopted by Parrinello (1970, 1973) and Metcalfe – Steedman (1973) to deal with the theory of international trade from a Sraffian perspective. We shall argue that a specific theoretical foundation rests behind the intuitive idea that national competitiveness can be a source of possible economic conflict among the national economies of a global economy. This conclusion contrasts with some distinguished views, according to which a national economy must possess a comparative advantage in some productive sector on the basis of an undisputed Ricardian principle.

Suggested Citation

  • Parrinello, Sergio, 2009. "Un’infondata portata attribuita alla teoria ricardiana dei vantaggi comparati: un punto di vista post-keynesiano [A weak reach assigned to the ricardian theory of comparative advantage: a Post-Keyn," MPRA Paper 31473, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:31473
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    References listed on IDEAS

    as
    1. Sergio Parrinello, 1979. "Distribution, Growth and International Trade," Palgrave Macmillan Books, in: Ian Steedman (ed.), Fundamental Issues in Trade Theory, chapter 14, pages 159-187, Palgrave Macmillan.
    2. Brewer, Anthony, 1985. "Trade with fixed real wages and mobile capital," Journal of International Economics, Elsevier, vol. 18(1-2), pages 177-186, February.
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    More about this item

    Keywords

    International trade; gobalization and absolute advantage;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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