A synopsis of trade theories and their applications

Authored by: Stephen Devadoss , Jeff Luckstead

The Routledge Handbook of Agricultural Economics

Print publication date:  July  2018
Online publication date:  July  2018

Print ISBN: 9781138654235
eBook ISBN: 9781315623351
Adobe ISBN:

10.4324/9781315623351-18

 Download Chapter

 

Abstract

This chapter covers four trade theories – the Ricardian theory of comparative advantage, the Heckscher–Ohlin theory, New Trade Theory, and Firm-Level Trade Theory – and each theory’s empirical applications in agricultural economics. In doing so, we survey pioneering articles in this area and discuss their implications for agricultural trade.

 Cite
Search for more...
Back to top

Use of cookies on this website

We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more in our Privacy Policy. By continuing to use the site you are agreeing to our use of cookies.