A critical assessment of comparative advantages

Autores
Dvoskin, Ariel; Ianni, Guido
Año de publicación
2020
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Literature on international trade agrees that comparative advantages (CA) regulate the pattern of trade across countries. What is not usually stressed is that, for this to be possible, CA must be identified ex-ante by some ranking of international competitiveness. Otherwise, they become a tautology: countries are said to possess CA in those sectors that have managed to become internationally competitive. In this work, we show that when there is production of capital goods, in particular of imported means of production, and even under a zero profit rate: (a) the ranking of industries on the basis of autarky comparative costs may not be a good predictor of CA; (b) no ranking of industries exists, in general. The overall conclusion of the article is that CA cannot explain the pattern of trade and, therefore, an alternative explanation must be searched for.
Fil: Dvoskin, Ariel. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Fil: Ianni, Guido. Università Roma Tre III; Italia. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Materia
COMPARATIVE ADVANTAGE
COMPARATIVE COSTS
IMPORTED CAPITAL GOODS
PATTERN OF SPECIALIZATION
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/151571
Acceder
id CONICETDig_2fec2c861dc735db1bee8af712f1b168
oai_identifier_str oai:ri.conicet.gov.ar:11336/151571
network_acronym_str CONICETDig
repository_id_str 3498
network_name_str CONICET Digital (CONICET)
spelling A critical assessment of comparative advantagesDvoskin, ArielIanni, GuidoCOMPARATIVE ADVANTAGECOMPARATIVE COSTSIMPORTED CAPITAL GOODSPATTERN OF SPECIALIZATIONhttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5Literature on international trade agrees that comparative advantages (CA) regulate the pattern of trade across countries. What is not usually stressed is that, for this to be possible, CA must be identified ex-ante by some ranking of international competitiveness. Otherwise, they become a tautology: countries are said to possess CA in those sectors that have managed to become internationally competitive. In this work, we show that when there is production of capital goods, in particular of imported means of production, and even under a zero profit rate: (a) the ranking of industries on the basis of autarky comparative costs may not be a good predictor of CA; (b) no ranking of industries exists, in general. The overall conclusion of the article is that CA cannot explain the pattern of trade and, therefore, an alternative explanation must be searched for.Fil: Dvoskin, Ariel. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaFil: Ianni, Guido. Università Roma Tre III; Italia. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; ArgentinaUniversitá degli Studi di Siena. Dipartimento di Economia Politica e Statistica2020-05info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/151571Dvoskin, Ariel; Ianni, Guido; A critical assessment of comparative advantages; Universitá degli Studi di Siena. Dipartimento di Economia Politica e Statistica; Quaderni del Dipartimento di Economia Politica e Statistica; 825; 5-2020; 1-241720-9668CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://www.deps.unisi.it/it/ricerca/pubblicazioni-deps/quaderni-deps/anno-2020-da-n818-n/825-critical-assessment-comparativeinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T09:59:51Zoai:ri.conicet.gov.ar:11336/151571instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 09:59:52.144CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv A critical assessment of comparative advantages
title A critical assessment of comparative advantages
spellingShingle A critical assessment of comparative advantages
Dvoskin, Ariel
COMPARATIVE ADVANTAGE
COMPARATIVE COSTS
IMPORTED CAPITAL GOODS
PATTERN OF SPECIALIZATION
title_short A critical assessment of comparative advantages
title_full A critical assessment of comparative advantages
title_fullStr A critical assessment of comparative advantages
title_full_unstemmed A critical assessment of comparative advantages
title_sort A critical assessment of comparative advantages
dc.creator.none.fl_str_mv Dvoskin, Ariel
Ianni, Guido
author Dvoskin, Ariel
author_facet Dvoskin, Ariel
Ianni, Guido
author_role author
author2 Ianni, Guido
author2_role author
dc.subject.none.fl_str_mv COMPARATIVE ADVANTAGE
COMPARATIVE COSTS
IMPORTED CAPITAL GOODS
PATTERN OF SPECIALIZATION
topic COMPARATIVE ADVANTAGE
COMPARATIVE COSTS
IMPORTED CAPITAL GOODS
PATTERN OF SPECIALIZATION
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv Literature on international trade agrees that comparative advantages (CA) regulate the pattern of trade across countries. What is not usually stressed is that, for this to be possible, CA must be identified ex-ante by some ranking of international competitiveness. Otherwise, they become a tautology: countries are said to possess CA in those sectors that have managed to become internationally competitive. In this work, we show that when there is production of capital goods, in particular of imported means of production, and even under a zero profit rate: (a) the ranking of industries on the basis of autarky comparative costs may not be a good predictor of CA; (b) no ranking of industries exists, in general. The overall conclusion of the article is that CA cannot explain the pattern of trade and, therefore, an alternative explanation must be searched for.
Fil: Dvoskin, Ariel. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
Fil: Ianni, Guido. Università Roma Tre III; Italia. Universidad Nacional de San Martín. Instituto de Altos Estudios Sociales; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
description Literature on international trade agrees that comparative advantages (CA) regulate the pattern of trade across countries. What is not usually stressed is that, for this to be possible, CA must be identified ex-ante by some ranking of international competitiveness. Otherwise, they become a tautology: countries are said to possess CA in those sectors that have managed to become internationally competitive. In this work, we show that when there is production of capital goods, in particular of imported means of production, and even under a zero profit rate: (a) the ranking of industries on the basis of autarky comparative costs may not be a good predictor of CA; (b) no ranking of industries exists, in general. The overall conclusion of the article is that CA cannot explain the pattern of trade and, therefore, an alternative explanation must be searched for.
publishDate 2020
dc.date.none.fl_str_mv 2020-05
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/151571
Dvoskin, Ariel; Ianni, Guido; A critical assessment of comparative advantages; Universitá degli Studi di Siena. Dipartimento di Economia Politica e Statistica; Quaderni del Dipartimento di Economia Politica e Statistica; 825; 5-2020; 1-24
1720-9668
CONICET Digital
CONICET
url http://hdl.handle.net/11336/151571
identifier_str_mv Dvoskin, Ariel; Ianni, Guido; A critical assessment of comparative advantages; Universitá degli Studi di Siena. Dipartimento di Economia Politica e Statistica; Quaderni del Dipartimento di Economia Politica e Statistica; 825; 5-2020; 1-24
1720-9668
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://www.deps.unisi.it/it/ricerca/pubblicazioni-deps/quaderni-deps/anno-2020-da-n818-n/825-critical-assessment-comparative
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Universitá degli Studi di Siena. Dipartimento di Economia Politica e Statistica
publisher.none.fl_str_mv Universitá degli Studi di Siena. Dipartimento di Economia Politica e Statistica
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
_version_ 1844613773613072384
score 13.070432

Publicaciones similares