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The Classical Theory Of International Trade After Sraffa

Author

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  • Christophe Depoortère
  • Joël Thomas Ravix

Abstract

The purpose of the article is twofold. On the one hand, it evaluates the influence of Sraffa (1960) both on criticism of the Heckscher-Ohlin-Samuelson theory and on the development of a neo-Ricardian approach to international trade. On the other hand, it analyses the contribution of Sraffa (1930) to the interpretation of the principle of comparative advantage, and its consequences for the Classical theory of international trade. It concludes by showing that the originality of the Classical theory lies in the role that authors attribute to foreign trade in the development of the division of labour.

Suggested Citation

  • Christophe Depoortère & Joël Thomas Ravix, 2015. "The Classical Theory Of International Trade After Sraffa," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 69, pages 203-234.
  • Handle: RePEc:cpo:journl:y:2015:i:69:p:203-234
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    Citations

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    Cited by:

    1. Kazuhiro Kurose & Naoki Yoshihara, 2018. "The Heckscher—Ohlin—Samuelson Trade Theory and the Cambridge Capital Controversies: On the Validity of Factor Price Equalisation Theorem," Working Papers SDES-2018-17, Kochi University of Technology, School of Economics and Management, revised Nov 2018.
    2. Kurose, Kazuhiro & Yoshihara, Naoki, 2018. "The Heckscher—Ohlin—Samuelson Trade Theory and the Cambridge Capital Controversies: On the Validity of Factor Price Equalisation Theorem," Discussion Paper Series 686, Institute of Economic Research, Hitotsubashi University.

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