Inefficient and locally stable trade equilibria under scale economies: Comparative advantage revisited

Kyklos

Volumn 49, Issue 4, 1996, Pages 509-540

  Baumol, William J ^a   Gomory, Ralph E ^b  

^a NEW YORK UNIVERSITY   (United States)

^b ALFRED P SLOAN FOUNDATION   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 5944244274     PISSN: 00235962     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1467-6435.1996.tb02072.x     Document Type: Review

References (13)

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2. Chipman, J. (1965). A Survey of the Theory of International Trade: Part 2, The Neo-Classical Theory, Econometrica. 33: 685-760.
3. Ethier, W.J. (1979). Internationally Decreasing Costs and World Trade, Journal of International Economics. 9: 1-24.
4. Ethier, W.J. (1982). Decreasing Costs in International Trade and Frank Graham's Argument for Protection, Econometrica. 50: 1243-1268.
5. Gomory, Ralph E. (1991 ). A Ricardo Model with Economies of Scale, Proceedings of the National Academy of Sciences, U.S.A. 88, Issue 18: 8267-8271.
6. Gomory, Ralph E. and W.J. Baumol (1992). Scale Economies, Regions of Multiple Trade Equilibria, and the Gains from Acquisition of Industries, Economic Research Reports (March), New York University: C.V. Starr Center for Applied Economics, RR# 92-10.
7. Gomory, Ralph E. (1994). A Ricardo Model with Economies of Scale, Journal of Economic Theory. 62:394-419.
8. Grossman, G.M. and E. Helpman .(1991). Innovation and Growth in the Global Economy. Cambridge, Mass.: MIT Press.
9. Helpman, E. and P.R. Krugman (1985). Market Structure and Foreign Trade. Cambridge, Mass.: MIT Press.
10. Kemp, M.C. (1969). The Pure Theory of International Trade. Englewood Cliffs, N.J.: Prentice Hall.
11. Krugman, P.R. (1991). History Versus Expectations, Quarterly Journal of Economics. 106: 651-667.
12. Matthews, R.C.O. (1949/50). Reciprocal Demand and Increasing Returns, The Review of Economic Studies. 17: 149-158.
13. Meade, J. E. (1952). A Geometry of International Trade. London: George Allen and Unwin.