European economic integration: Comparative advantages and free trade of the means of production

Boglioni, Michele

doi:10.1016/j.strueco.2018.10.003

Cited by 3 publications

(2 citation statements)

References 11 publications

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“…The commonly used RCA indexes have been criticized owing to their lack of trade‐theoretical foundations (French 2017). The empirical tests of the HO model have generally been unsuccessful, as seen by Leontief's paradox (Leontief 1953) and what Trefler (1995) called the “missing trade.” Recently, using the input–output tables from the World Input–Output Database (Timmer et al 2015), Boglioni and Zambelli (2017) and Boglioni (2019) propose that the specialization patterns and resource allocations implied by the law of comparative advantage did not work well in Europe during the period from 1995 to 2011. Thus, counterexamples of the law of comparative advantage have been presented in the empirical literature.…”

Section: Introductionmentioning

confidence: 99%

Government, trade and comparative advantage, revisited

Tawada

Suga

Yanase

2022

Canadian J of Economics

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This study conducts a detailed analysis of the production possibility frontier (PPF) in an economy with two goods, each produced using labour and a specific factor as inputs, and public infrastructure, which has positive externalities on the production of each good. We show that if the elasticity of a specific factor input into production is sufficiently small, the PPF has a concave-convex-concave shape. Although our model is similar to the one developed in 1992 by Richard H. Clarida and Ronald Findlay, this possibility was overlooked in their analysis and it can generate trade patterns that are against the law of comparative advantage. Nevertheless, trade is always gainful and, as in the existing studies, trade openness increases the provision of public infrastructure in a country exporting goods whose productivity is highly dependent on infrastructure. We also examine the relationship between factor endowments and comparative advantage. Résumé. Nouveau regard sur le gouvernement, le commerce et l'avantage comparatif .Cette étude fait une analyse détaillée de la courbe des possibilités de production (CPP) dans une économie qui produit deux types de biens, chacun étant produit à l'aide d'une main-d'oeuvre et d'un facteur précis qui agissent comme intrants, et d'une infrastructure publique qui présente des effets externes positifs sur la production de chaque bien. Nous montrons que si l'élasticité d'un facteur de production précis est suffisamment faible, la CPP présente une forme concave-convexe-concave. Notre modèle est semblable à celui développé en 1992 par Richard H. Clarida et Ronald Findlay, mais cette possibilité n'a pas été prise en compte dans leur analyse, ce qui peut générer des structures commerciales qui vont à l'encontre de la loi de l'avantage comparatif. Néanmoins, le commerce est toujours lucratif et, comme dans les études existantes, l'ouverture aux échanges augmente l'offre d'infrastructure publique dans un pays exportateur dont la

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Section: Introductionmentioning

confidence: 99%

Government, trade and comparative advantage, revisited

Tawada

Suga

Yanase

2022

Canadian J of Economics

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“…Regional economic integration has been documented to provide a well-done approach for guaranteed national and regional economic growth (Baldwin and Venables 1995; Coleman and Underhill 2012; Rimmer 1994). An economic integration region generally refers to a transnational area, such as the European Union (EU) (Boglioni 2019), the North America Free Trade Area (NAFTA) (Rajagopal and Zlatev 2018) or the Association of Southeast Asian Nations (ASEAN) (Andal 2017). However, with the diversification of research scale and the emergence of mega-city regions (Fang and Yu 2017), the intra-national regional alliances have also started getting attention (Coleman and Underhill 2012; Tao 2019; Van Oort, Burger, and Raspe 2010; Zhang et al 2020).…”

Section: Introductionmentioning

confidence: 99%

Multi-dimensional boundary effects and regional economic integration: Evidence from the Yangtze River Economic Belt

Dan

Zhang

Han

et al. 2022

International Regional Science Review

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While the challenges posed by multi-dimensional boundary effects to global economic integration are studied widely, regional economic integration within a sovereign country requires additional analysis. The Yangtze River Economic Belt (YREB), a super-scale interprovincial area including three nested urban alliances, is a meaningful vision of regional economic integration in China. After building the producer services-based urban corporate network, this study investigates the influence of multi-dimensional boundary effects on regional economic integration by social network analysis and the exponential random graph model. The findings show that the fragmented reality of YREB’s economy is significantly different from the vision of the Chinese central government. More specifically, although the natural boundary restraints represented by distance have disappeared, multi-dimensional barriers to regional economic integration are still posed by administrative, policy, economic, and cultural boundaries. The estimation results pass the robustness test of the grouping sample of producer services. Therefore, we confirm that the multi-dimensional boundary effects, particularly the intangible ones, significantly impact regional economic integration even within a country with a top-down ‘strong’ governance.

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Produced means of production and the chain of comparative advantages

Dvoskin

Ianni

2021

Structural Change and Economic Dynamics

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European economic integration: Comparative advantages and free trade of the means of production

Cited by 3 publications

References 11 publications

Government, trade and comparative advantage, revisited

Government, trade and comparative advantage, revisited

Multi-dimensional boundary effects and regional economic integration: Evidence from the Yangtze River Economic Belt

Produced means of production and the chain of comparative advantages

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