Economics Dictionary of ArgumentsHome
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| International trade: International trade is the exchange of goods, services, and capital across borders. It allows countries to specialize in production, benefit from comparative advantage, and access a wider market. Trade can be influenced by tariffs, quotas, and trade agreements, impacting economic growth, employment, and globalization. See also Trade, International relation, International policies, Tariffs, Competition, Specialization, Economic growth._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Dictionary of Arguments. | |||
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Sergio Parrinello on International Trade - Dictionary of Arguments
Kurz I 304 International Trade/Parrinello/Kurz: Sergio Parrinello is to be credited with having pioneered the extension of Piero Sraffa's analysis at least in two important directionsl First, in 1970 he reformulated the pure theory of international trade within a 'classical' framework of the analysis in which capital consists of heteregeneous produced means of production (Parrinello 1970)(1). This was the starting point of a number of contributions by Steedman, Metcalfe, Mainwaring and others who showed that several of the traditional trade theorems, derived within the Heckscher-Ohlin-Samuelson trade model, do not carry over to a framework with a positive rate of profits and heterogeneous capital goods. 1. Parrinello, S. (1970). 'Introduzione ad una teoria neoricardiana del commercio internazionale', Studi Economici, 25, pp. 267-321. Kurz, Heinz D. and Salvadori, Neri. „The 'classical' approach to exhaustible resources. Parrinello and the others.“ In: Kurz, Heinz; Salvadori, Neri 2015. Revisiting Classical Economics: Studies in Long-Period Analysis (Routledge Studies in the History of Economics). London, UK: Routledge._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. "Vs" indicates differences in content, not necessarily the chronological progression of a controversy. If a German edition is specified, the page numbers refer to this edition. |
Parrinello I Sergio Parrinello Exhaustible Natural Resources and the Classical Method of Long-period Equilibrium London: MacMillan 1983 Kurz I Heinz D. Kurz Neri Salvadori Revisiting Classical Economics: Studies in Long-Period Analysis (Routledge Studies in the History of Economics). Routledge. London 2015 |
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