Absolute cost difference and persistent trade imbalances : the harrodian adjustment process

Descripción del Articulo

Páginas 51-58
Detalles Bibliográficos
Autor: Shaikh, Anwar
Formato: capítulo de libro
Fecha de Publicación:2014
Institución:Pontificia Universidad Católica del Perú
Repositorio:PUCP-Institucional
Lenguaje:español
OAI Identifier:oai:repositorio.pucp.edu.pe:20.500.14657/191118
Enlace del recurso:https://hdl.handle.net/20.500.14657/191118
https://doi.org/10.18800/9786123170639.002
Nivel de acceso:acceso abierto
Materia:Comercio internacional
Teoría económica
https://purl.org/pe-repo/ocde/ford#5.02.01
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spelling Shaikh, Anwar2023-03-28T21:51:08Z2023-03-28T21:51:08Z2014https://hdl.handle.net/20.500.14657/191118https://doi.org/10.18800/9786123170639.002Páginas 51-58The classical economists understood that international trade is conducted by profit-seeking export and import firms, not «nations». For instance, in his discussion of foreign trade Smith emphasizes that «private profit is the sole motive which determines the owner of any capital to employ it either in agriculture, in manufactures, or in some particular branch of the wholesale or retail trade» (Smith, 1973, p. 474). The classicals also emphasized that in any given industry, competition favors lower-cost firms because they are better able to lower prices and damage their higher-cost competitors. Smith extends this principle to the analysis of international trade, which implies that capitals located in nations with lower costs are likely to be more successful in the international arena (1973, p. 35). In other words, absolute cost advantage1 applies equally well to competition within a nation as it does to competition between nationsspaPontificia Universidad Católica del Perú. Fondo EditorialPEurn:isbn:9786123170639info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-nd/2.5/pe/Pensamiento económico y cambio social : homenaje a Javier Iguíñizreponame:PUCP-Institucionalinstname:Pontificia Universidad Católica del Perúinstacron:PUCPComercio internacionalTeoría económicahttps://purl.org/pe-repo/ocde/ford#5.02.01Absolute cost difference and persistent trade imbalances : the harrodian adjustment processinfo:eu-repo/semantics/bookPartCapítulo de libroORIGINAL2.pdf2.pdfTexto completoapplication/pdf362601https://repositorio.pucp.edu.pe/bitstreams/e56c36c1-7627-4ba0-8de5-b07088ceacef/download029babb53e0dc5b51b8c211d700dbdc6MD51trueAnonymousREADTHUMBNAIL2.pdf.jpg2.pdf.jpgIM Thumbnailimage/jpeg41024https://repositorio.pucp.edu.pe/bitstreams/e71823f2-9f00-4537-8740-3b59639c8388/downloade2e74167b6a0d9d62af83176dcaba450MD52falseAnonymousREADTEXT2.pdf.txt2.pdf.txtExtracted texttext/plain16866https://repositorio.pucp.edu.pe/bitstreams/5530c922-9dcf-4aec-9272-597a6b66d854/downloadd47a4459eadd10ad6a25b3c0a6294b72MD53falseAnonymousREAD20.500.14657/191118oai:repositorio.pucp.edu.pe:20.500.14657/1911182025-05-14 14:14:36.721http://creativecommons.org/licenses/by-nc-nd/2.5/pe/info:eu-repo/semantics/openAccessopen.accesshttps://repositorio.pucp.edu.peRepositorio Institucional de la PUCPrepositorio@pucp.pe
dc.title.es_ES.fl_str_mv Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
title Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
spellingShingle Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
Shaikh, Anwar
Comercio internacional
Teoría económica
https://purl.org/pe-repo/ocde/ford#5.02.01
title_short Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
title_full Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
title_fullStr Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
title_full_unstemmed Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
title_sort Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
author Shaikh, Anwar
author_facet Shaikh, Anwar
author_role author
dc.contributor.author.fl_str_mv Shaikh, Anwar
dc.subject.es_ES.fl_str_mv Comercio internacional
Teoría económica
topic Comercio internacional
Teoría económica
https://purl.org/pe-repo/ocde/ford#5.02.01
dc.subject.ocde.none.fl_str_mv https://purl.org/pe-repo/ocde/ford#5.02.01
description Páginas 51-58
publishDate 2014
dc.date.accessioned.none.fl_str_mv 2023-03-28T21:51:08Z
dc.date.available.none.fl_str_mv 2023-03-28T21:51:08Z
dc.date.issued.fl_str_mv 2014
dc.type.none.fl_str_mv info:eu-repo/semantics/bookPart
dc.type.other.none.fl_str_mv Capítulo de libro
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dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/20.500.14657/191118
dc.identifier.doi.none.fl_str_mv https://doi.org/10.18800/9786123170639.002
url https://hdl.handle.net/20.500.14657/191118
https://doi.org/10.18800/9786123170639.002
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dc.publisher.es_ES.fl_str_mv Pontificia Universidad Católica del Perú. Fondo Editorial
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dc.source.none.fl_str_mv Pensamiento económico y cambio social : homenaje a Javier Iguíñiz
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Absolute cost difference and persistent trade imbalances : the harrodian adjustment process
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