International Trade and Growth: Comparative Statics

1998 ◽  
pp. 269-293
Author(s):  
Giancarlo Gandolfo
Keyword(s):  
International Trade ◽  
Comparative Statics ◽  
Trade And Growth

The Comparative Analysis of International Competitiveness on China's Peanut Industry

2012 ◽  
Vol 601 ◽  
pp. 537-541
Author(s):  
Di Chen ◽  
Jie Lv
Keyword(s):  
International Trade ◽  
Comparative Analysis ◽  
Market Share ◽  
International Competitiveness ◽  
Comparative Statics ◽  
Intermediate Input ◽  
Peanut Production ◽  
Competitiveness Index ◽  
The U.S

This paper examines China's peanut industry's competitiveness under the framework of international trade by appliying comparative statics and emperical method. Specifically, datas including price, market share, competitiveness index and revealed comarative adavantage index are measured in the estimation. The main conclusion is that China's peanut production still has an edge, albeit receding, over that of some other countries like the U.S., India, and Argentina. The authors also augure that in order to improve the competitiveness of the peanut industry, one could facilitate the export practice and exploit the vertical related industries in which raw peanut is intermediate input.

Trade and growth in a model of allocative inefficiency

2017 ◽  
Vol 17 (2) ◽  
Author(s):  
Richard Cothren ◽  
Ravi Radhakrishnan
Keyword(s):  
International Trade ◽  
Comparative Advantage ◽  
Productivity Growth ◽  
Reverse Causation ◽  
Resource Misallocation ◽  
Competitive Allocation ◽  
Trade And Growth ◽  
Allocative Inefficiency ◽  
Over Time ◽  
Volume Of Trade

AbstractThe empirical evidence on the causal relationship between international trade and economic growth is inconclusive. While some studies show that trade leads to growth, others have pointed to a reverse causation. In this paper, we develop a model of international trade and productivity growth in the presence of a misallocation of resources. Misallocation in a country arises as a result of lobbying by firms to establish barriers to the competitive allocation of labor. Misallocation prevents the country from exploiting its technological comparative advantage and leads to a reduction in the volume of trade in the absence of any explicit trade barriers. In the model, whether barriers diminish or worsen with productivity growth depends on the extent of the initial resource misallocation. If the initial resource misallocation is not severe, then productivity growth leads to diminishing barriers and vice versa. In either case, productivity growth strengthens the comparative advantage over time and therefore increases the volume of trade.

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