Top

Published in:

2014 | OriginalPaper | Chapter

8. Infrastructure Development, Comparative Advantage and Missing Trade

Author : Rajat Acharyya

Published in: Trade, Globalization and Development

Publisher: Springer India

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

Abstract

Whether infrastructure development facilitates trade by establishing comparative advantage in a wider set of goods is examined in an extended continuum of goods Ricardian model as developed by Dornbusch, Fisher and Samuelson (1977). When infrastructure development is financed through income tax collection, more goods are traded and the export basket of at least one country becomes more diversified. But if it is financed by tariff proceeds, increased volume of trade and diversified export baskets are not certain outcomes.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

previous chapter Safeguards and Investigations

next chapter Catching Up in Terms of Product Quality

Available only for authorised users

Clark, X., Dollar, D., & Micco, A. (2004). Port efficiency, maritime transport costs and bilateral trade. NBER working paper 10353.

Dornbusch, R., Fisher, S., & Samuelson, P. (1977). Comparative advantage, trade and payments in a Ricardian model with continuum of goods. American Economic Review, 47, 823–839.

Francois, J., & Manchin, M. (2007). Institutions, infrastructure and trade. World Bank Policy research working paper 4152, March.

Laussel, D., & Riezman, R. (2008). Fixed transport cost and international trade. In S. Marjit & E. Yu (Eds.), Contemporary and emerging issues in trade theory and policy (Frontiers of economics and globalization, Vol. 4). UK: Emerald.

Limão, N., & Venables, A. J. (2001). Infrastructure, geographical disadvantage, transport costs and trade. World Bank Economic Review, 15, 451–479.CrossRef

Martinez-Zarzoso, I., & Suarez-Burguet, C. (2005). Transport costs and trade: empirical evidence for Latin American imports from the European union. The Journal of International Trade & Economic Development, 14(3), 353–371.CrossRef

UNCTAD (2003a). Development of multimodal transport and logistics services. Report by the UNCTAD Secretariat, TD/B/COM.3/EM.20/2.

UNCTAD (2003b). Review of Maritime Transport, 2003. Geneva: UNCTAD.

Wilson, J.S., Mann, C.L., & Otsuki, T. (2004). Assessing the potential benefit of trade facilitation: a global perspective. World Bank working paper no. WPS 3224.

World Bank (2004). World Development Report.

Title: Infrastructure Development, Comparative Advantage and Missing Trade
Author: Rajat Acharyya
Publisher: Springer India
Book: Trade, Globalization and Development
Print ISBN: 978-81-322-1150-1

Electronic ISBN: 978-81-322-1151-8

Copyright Year: 2014
DOI: https://doi.org/10.1007/978-81-322-1151-8_8