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- Title
Efficient Specialization in Ricardian Production.
- Authors
Richter, Wolfram F.; Rosenmüller, Joachim
- Abstract
. It is well known that the analysis of efficient specialization in Ricardian production with many countries and many commodities cannot be broken down to the simple case of two countries and two commodities. By drawing on some recent results of convex geometry and the theory of cephoids, this paper characterizes efficient specialization in the general case.
- Subjects
RICARDIAN Model of International Trade; COMMERCIAL products; CONVEX geometry; COMPARATIVE advantage (International trade); EXPERTISE; SIMPLEXES (Mathematics); ECONOMIC models
- Publication
German Economic Review, 2012, Vol 13, Issue 2, p117
- ISSN
1465-6485
- Publication type
Article
- DOI
10.1111/j.1468-0475.2011.00544.x