Domestic Demand, Comparative Advantage, and the Pattern of Trade

Weder, Rolf. (1995) Domestic Demand, Comparative Advantage, and the Pattern of Trade. Swiss Journal of Economics and Statistics / Schweizerische Zeitschrift für Volkswirtschaft und Statistik, 131 (3). pp. 377-388.

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Case studies indicate that differences in domestic demand among countries are important determinants of the pattern of trade. This paper discusses how the observed relationship between demand and trade is part of and could be integrated into international trade theory. It is argued that the "new" trade theory is a better candidate to account for the empirical observations, even though the Ricardian principle of comparative advantage seems to hold.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Aussenwirtschaft und Europ. Integration (Weder)
08 Cross-disciplinary Subjects > Europainstitut > Europainstitut > Europäische Wirtschaft (Weder)
UniBasel Contributors:Weder, Rolf
Item Type:Article, refereed
Article Subtype:Research Article
Publisher:Swiss Society of Economics and Statistics (SSES)
Note:Publication type according to Uni Basel Research Database: Journal article
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Last Modified:26 Oct 2016 10:52
Deposited On:26 Oct 2016 10:52

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