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An Inframarginal Analysis Of The Ricardian Model

In: An Inframarginal Approach To Trade Theory

Author

Listed:
  • Wen Li Cheng

    (Law and Economics Consulting Group, USA)

  • Jeffrey Sachs

    (Monash University, Australia)

  • Xiaokai Yang

    (Harvard University, USA and Monash University, Australia)

Abstract

The following sections are included:IntroductionA Simple 2×2 Ricardian Model and Inframarginal AnalysisThe model settingGeneral equilibrium and its comparative staticsA 2×2 Ricardian Model with TariffA 3×2 Ricardian ModelConclusionReferences

Suggested Citation

  • Wen Li Cheng & Jeffrey Sachs & Xiaokai Yang, 2005. "An Inframarginal Analysis Of The Ricardian Model," World Scientific Book Chapters, in: An Inframarginal Approach To Trade Theory, chapter 6, pages 87-107, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812569257_0006
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    Cited by:

    1. Zhihao Yu, 2003. "IT, Production Specialization, and Division of Labor: A Smith-Ricardo Model of International Trade," Carleton Economic Papers 03-06, Carleton University, Department of Economics.
    2. Xiaokai Yang & Dingsheng Zhang, 2005. "Endogenous Structure Of The Division Of Labor, Endogenous Trade Policy Regime, And A Dual Structure In Economic Development," World Scientific Book Chapters, in: An Inframarginal Approach To Trade Theory, chapter 17, pages 383-406, World Scientific Publishing Co. Pte. Ltd..
    3. Xueping Jiang & Jen-Mei Chang & Hui Sun, 2019. "Inframarginal Model Analysis of the Evolution of Agricultural Division of Labor," Mathematics, MDPI, vol. 7(12), pages 1-14, December.
    4. Cheng, Wenli & Zhang, Dingsheng, 2016. "How might the South be helped by Northern technology yet harmed by Northern money?," Economic Modelling, Elsevier, vol. 55(C), pages 83-91.
    5. Jeffrey Sachs & Xiaokai Yang & Dingsheng Zhang, 2005. "Globalization, Dual Economy, And Economic Development," World Scientific Book Chapters, in: An Inframarginal Approach To Trade Theory, chapter 16, pages 349-382, World Scientific Publishing Co. Pte. Ltd..
    6. Soo, Kwok Tong, 2017. "Indivisibilities in the Ricardian model of trade," Economic Modelling, Elsevier, vol. 63(C), pages 311-317.
    7. Cheng, Wenli & Yang, Xiaokai, 2004. "Inframarginal analysis of division of labor: A survey," Journal of Economic Behavior & Organization, Elsevier, vol. 55(2), pages 137-174, October.
    8. Wenli Cheng, 2025. "The Euro, The Bancor and The Dollar: A Ricardian Model," Monash Economics Working Papers 2025-19, Monash University, Department of Economics.

    More about this item

    Keywords

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    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General

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