© 1990

Models for Analyzing Comparative Advantage


Part of the Advanced Studies in Theoretical and Applied Econometrics book series (ASTA, volume 18)

Table of contents

  1. Front Matter
    Pages i-viii
  2. Introduction

    1. David A. Kendrick
      Pages 1-3
  3. Sectoral Models

    1. Front Matter
      Pages 5-5
    2. David A. Kendrick
      Pages 7-43
    3. David A. Kendrick
      Pages 44-61
  4. Economy-Wide Models

    1. Front Matter
      Pages 63-63
    2. David A. Kendrick
      Pages 65-118
    3. David A. Kendrick
      Pages 119-152
  5. Conclusions

    1. Front Matter
      Pages 153-153
    2. David A. Kendrick
      Pages 155-158
  6. Back Matter
    Pages 159-175

About this book


Recent economic history suggests that a key element in economic growth and development for many countries has been an aggressive export policy and a complementary import policy. Such policies can be very effective provided that resources are used wisely to encourage exports from industries that can be com­ petitive in the international arena. Also, import protection must be used carefully so that it encourages infant industries instead of providing rents to industries that are not competitive. Policy makers may use a variety of methods of analysis in planning trade policy. As computing power has grown in recent years increasing attention has been give to economic models as one of the most powerful aids to policy making. These models can be used on the one hand to help in selecting export industries to encourage and infant industries to protect and on the other hand to chart the larger effects ofttade policy on the entire economy. While many models have been developed in recent years there has not been any analysis of the strengths and weaknesses of the various types of models. Therefore, this monograph provides a review and analysis of the models which can be used to analyze dynamic comparative advantage.


development dynamic models equilibrium general equilibrium trade policy

Authors and affiliations

  1. 1.Department of EconomicsThe University of TexasAustinUSA

Bibliographic information

Industry Sectors
Finance, Business & Banking