Tag Archives: Arnaud Costinot

Beyond Ricardo: Assignment Models in International Trade

From Arnaud Costinot and Jonathan Vogel: International trade has experienced a Ricardian revival. In this article, we offer a user guide to assignment models that have contributed to this revival, which we will refer to as Ricardo-Roy (R-R) models. HT: Jonathan Dingel

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Comparative Advantage and Optimal Trade Policy

From Arnaud Costinot, Dave Donaldson, Jonathan Vogel, Iván Werning: The theory of comparative advantage is at the core of neoclassical trade theory. Yet we know little about its implications for how nations should conduct their trade policy. For example, should import sectors with weaker … Continue reading

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