Article ID Journal Published Year Pages File Type
962744 Journal of International Economics 2008 8 Pages PDF
Abstract
This paper examines whether a country that enjoys a superior technology in all commodities in a two-country, multi-commodity Ricardian setting could actually gain if its technology in which it possesses its greatest comparative advantage is stolen or transferred to the other country without any compensation. Such a paradoxical possibility is shown always to exist with a finite number of commodities and equal-shared Cobb-Douglas demand conditions for certain ranges of relative country size.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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