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An extended ricardian model incorporating a consumption time constraint

journal contribution
posted on 2024-11-01, 18:45 authored by Binh Tran-NamBinh Tran-Nam
This paper investigates the impact of incorporating a Gossenian-Beckerian consumption time constraint into a simple Ricardian model. It is shown that in such a model the consumption gain from trade is zero, the specialization gain can be negative and a small nation devotes less labor to production after trade.

History

Journal

Review of International Economics

Volume

20

Issue

5

Start page

1046

End page

1051

Total pages

6

Publisher

Wiley-Blackwell Publishing

Place published

United Kingdom

Language

English

Copyright

© 2012 Blackwell Publishing Ltd.

Former Identifier

2006052954

Esploro creation date

2020-06-22

Fedora creation date

2015-05-06

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