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File: Pp 1 31 12

Ricardo’s Theory of Comparative Advantage: Old Idea, New Evidence By ARNAUD COSTINOT AND DAVE DONALDSON The anecdote is famous. A mathematician, be produced in the importing country.” A ...

Filetype PDF | Posted on 12 Oct 2022 | 2 years ago

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...Ricardo s theory of comparative advantage old idea new evidence by arnaud costinot and dave donaldson the anecdote is famous a mathematician be produced in importing country simi stan ulam once challenged paul samuelson to lar identication problem arises labor lit nameoneproposition social sciences that erature which self selection individu both true non trivial his reply was ri als based on often re cardo see ferred as roy model james heck p truth how manandbohonore haveshown ifgen ever refers fact eral distributions worker skills are allowed hence mathematically correct not it empirically has no empirical con valid goal this paper assess em tent econometrically speaking ricardian pirical performance ideas nonparametrically identied tobring data one must can solve prob overcome key challenge suppose lem possibility consists making untestable functional form assumptions about predicts different factors production spe distribution productivity across cialize economic activities producti...

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Posted on: 12 Oct 2022 | 2 years ago
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