Marshallian External Economies in International Trade
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- Uchiyama Takashi
- Waseda University
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- Kiyono Kazuharu
- Waseda University
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Abstract
Ethier (1982) showed that in the presence of increasing returns to scale due to Marshallian externality a large country always gains from trade while under a certain condition a small country loses from trade at the trading equilibrium. In this paper we show that, even if Ethier's assumptions are relaxed, his main results still hold, and we further derive a necessary and sufficient condition for a small country to lose from trade. Moreover it is shown that the total world endowment of productive factor as well as the relative size of each country's factor endowment is important for the above necessary and sufficient condition in other cases than those which Ethier considered.
Journal
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- The International Economy
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The International Economy 2004 (9), 53-68, 2004-12-15
The Japan Society of International Economics
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Keywords
Details 詳細情報について
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- CRID
- 1390001205411663488
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- NII Article ID
- 130002047610
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- NII Book ID
- AN00088982
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- ISSN
- 03873943
- 18844367
- 21866074
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- NDL BIB ID
- 7449123
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- Text Lang
- en
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- Data Source
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- JaLC
- NDL
- Crossref
- CiNii Articles
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- Abstract License Flag
- Disallowed