GTAP Resources: Resource Display
| GTAP Resource #7368 |
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"Virtual Trade in a Changing World: Comparative Advantage, Growth and Inequality" by Marjit, S, Gouranga Das and B Mandal Abstract Virtual economic transactions have radically transformed the way we think about trade and markets in closed and open economies. Continuous decline in costs of information and communications and setting up of phenomenally large number of virtual platforms have brought in 'Time' as an essential element in the discourse on international trade. This work delves deep into the issue of how Time enters as a major catalyst of international trade and virtual transactions. This changes the way we look at ideas of comparative advantage, factor mobility, growth, income distribution, and allied concepts. A key result is that greater physical distance might encourage trade contrary to what we are accustomed to accept. |
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- Economic development - Foreign direct investment - Technological change - Transportation - Economic geography - Supply chains - Trade in services - Advances in quantitative methods - Partial and general equilibrium models |
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Public Access No documents have been attached. Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
