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The trade theorist's sacred diagram: its origin and early development


  • Thomas M. Humphrey


From Irving Fisher in 1907 to Jan Tinbergen in 1945 at least eight economists developed the famous diagram used to demonstrate the gains from international trade.

Suggested Citation

  • Thomas M. Humphrey, 1988. "The trade theorist's sacred diagram: its origin and early development," Economic Review, Federal Reserve Bank of Richmond, issue Jan, pages 3-15.
  • Handle: RePEc:fip:fedrer:y:1988:i:jan:p:3-15:n:v.74no.1

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    References listed on IDEAS

    1. Maneschi, Andrea & Thweatt, William O., 1987. "Barone's 1908 representation of an economy's trade equilibrium and the gains from trade," Journal of International Economics, Elsevier, vol. 22(3-4), pages 375-382, May.
    2. J. Hirshleifer, 1958. "On the Theory of Optimal Investment Decision," Journal of Political Economy, University of Chicago Press, vol. 66, pages 329-329.
    3. Robert E. Baldwin, 1982. "Gottfried Haberler's Contributions to International Trade Theory and Policy," The Quarterly Journal of Economics, Oxford University Press, vol. 97(1), pages 141-148.
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    Cited by:

    1. Robert L. Hetzel, 1994. "The free trade debate: the illusion of security versus growth," Economic Quarterly, Federal Reserve Bank of Richmond, issue Spr, pages 39-58.


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