Abstract: The Region and Trade, pp. 67-76 (2015) No AccessChapter 3: Regional Trade in a Three Country ModelHenry ThompsonHenry ThompsonDepartment of Economics, Auburn University, AL 36849, USAhttps://doi.org/10.1142/9789814520164_0003Cited by:1 PreviousNext AboutSectionsPDF/EPUB ToolsAdd to favoritesDownload CitationsTrack CitationsRecommend to Library ShareShare onFacebookTwitterLinked InRedditEmail Abstract: This chapter develops a three country model of constant cost production and trade based on productivity and country size. Trade may be limited to two of the countries assuming that gains from trade are necessary for trade to take place. A small country may produce too little to offer gains from trade to the other two. At the other extreme, a country may be too productive to gain from trade. Regional trade is observed if the countries with similar productivities are located closer together, a testable hypothesis. Roy Ruffin provided key comments and suggestions as this paper developed. Hyeongwoo Kim, Charlie Sawyer, Farhad Rassekh, John Gilbert, Randy Beard, Ghislain Nono Gueye, and Henry Kinnucan also provided comments that focused the analysis. FiguresReferencesRelatedDetailsCited By 1Low-wage competition: pains from trade for medium-wage countriesLutz G. Arnold and Michael Heyna13 January 2022 | The Journal of International Trade & Economic Development, Vol. 31, No. 5 The Region and TradeMetrics History PDF download
Publication Year: 2015
Publication Date: 2015-06-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
Cited By Count: 1
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot