Abstract
Ricardo’s contribution to trade theory is commonly identified with the single-factor model that bears his name. But Ricardo’s contribution to the theory of rent is also fundamental to the currently active literature on the political economy of trade policy. The multi-factor model often employed in this literature is thoroughly Ricardian.
Note: This chapter is based on a transcription of the presentation given at the Conference “Celebrating 200 Years of Ricardian Trade Theory” on May 12, 2017, at the University of Basel, Switzerland.
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References
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Ethier, W.J. (2017). The Relevance of Ricardian Trade Theory for the Political Economy of Trade Policy. In: Jones, R., Weder, R. (eds) 200 Years of Ricardian Trade Theory. Springer, Cham. https://doi.org/10.1007/978-3-319-60606-4_15
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DOI: https://doi.org/10.1007/978-3-319-60606-4_15
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