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The general validity of comparative advantage in trade exchanges

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Author Info
Dogaru, Vasile
Abstract

In a recent article, Alan Deardorff (2005) analyses the strength of the comparative advantage’s principle. The present article’s purpose is to follow the generalization of some recent results (Dogaru, 2000; 2005b) and also to sustain the unification’s necessity of some comparative advantage’s presentation drafts, in the analytical economy’s basis. This way the statement of real assumptions inside economics can be assured, connected to processes developed in an extended economic time and space. From this perspective comparative advantage’s analysis is necessary due to the existence of the tendency in which once with some new instruments’ creations, usually more formal and using a mathematical instrument more sophisticated, the validity of comparative advantage’s classic principle would be denied. The idea of introducing the validity of the comparative advantage’s principle in the trade exchanges – considered by Samuelson versus Stanislaw Ulam an accepted truth by all economists (and not only) as being un undemonstrated one – is not a productive one from an analytical point of view, which could contribute to the economics’ development.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 6882.

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Date of creation: Feb 2005
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Publication status: Published in Romanian Economic Review 2004-2005.49-50(2005): pp. 171-198
Handle: RePEc:pra:mprapa:6882

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Related research
Keywords: comparative advantage production possibilities frontier Manoilescu Mises cooperation law individual/national interest equity principle analytical economicity

Find related papers by JEL classification:
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - -
A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Alan V. Deardorff, 2005. "How Robust is Comparative Advantage?," Working Papers 537, Research Seminar in International Economics, University of Michigan. [Downloadable!]
  2. James Harrigan & Carolyn Evans, 2004. "Distance, Time and Specialization," Econometric Society 2004 North American Winter Meetings 640, Econometric Society.
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  3. Jack Triplett, 2004. "Handbook on Hedonic Indexes and Quality Adjustments in Price Indexes: Special Application to Information Technology Products," OECD Science, Technology and Industry Working Papers 2004/9, OECD Directorate for Science, Technology and Industry. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Dogaru, Vasile, 2005. "Some observations regarding the demythification of the comparative advantage’s principle within Manoilescu generalized scheme," MPRA Paper 6918, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2008-11-17.


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