IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/2595.html
   My bibliography  Save this paper

Adam Smith'in "Uluslararası İktisat Kuramı"na Katkıları Hakkında
[On Adam Smith's Contributions to the International Trade Theory]

Author

Listed:
  • Kibritçioğlu, Aykut

Abstract

Adam Smith is generally ignored as a trade theorist in textbooks of international economics because of the common belief that he only confirmed the rule of absolute advantages to explain structure of foreign trade. However, his vent-for-surplus approach may be interpreted as a pioneering study which stresses the importance of economies-of-scale in explaining the structure of trade. This short paper addresses to the undeniable influence of Smith's concepts such as "extent of the market", "division of labor", "improved dexterity in every particular workman" and "simple inventions coming from workman" on trade theory.

Suggested Citation

  • Kibritçioğlu, Aykut, 1994. "Adam Smith'in "Uluslararası İktisat Kuramı"na Katkıları Hakkında
    [On Adam Smith's Contributions to the International Trade Theory]
    ," MPRA Paper 2595, University Library of Munich, Germany, revised 1996.
  • Handle: RePEc:pra:mprapa:2595
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/2595/1/MPRA_paper_2595.pdf
    File Function: original version
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. John S. Chipman, 2009. "The Theory of International Trade," Books, Edward Elgar Publishing, number 3017.
    2. Dani Rodrik, 1988. "Closing the Technology Gap: Does Trade Liberalization Really Help?," NBER Working Papers 2654, National Bureau of Economic Research, Inc.
    3. Myint, Hla, 1977. "Adam Smith's Theory of International Trade in the Perspective of Economic Development," Economica, London School of Economics and Political Science, vol. 44(175), pages 231-248, August.
    4. Kurz, Heinz D, 1992. "Adam Smith on Foreign Trade: A Note on the 'Vent-for-Surplus' Argument," Economica, London School of Economics and Political Science, vol. 59(236), pages 475-481, November.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Adam Smith; international trade; specialization; economies of scale; vent for surplus; absolute advantages;

    JEL classification:

    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • F10 - International Economics - - Trade - - - General
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:2595. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.