Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962744 | Journal of International Economics | 2008 | 8 Pages |
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
Authors
Ronald W. Jones, Roy J. Ruffin,