Gottfried Haberler's 1930 Reformulation of Comparative Advantage in Retrospect
@article{Bernhofen2005GottfriedH1, title={Gottfried Haberler's 1930 Reformulation of Comparative Advantage in Retrospect}, author={Daniel M. Bernhofen}, journal={Wiley-Blackwell: Review of International Economics}, year={2005} }
In 1930 Gottfried Haberler freed the doctrine of comparative advantage from its association with David Ricardo's labor theory of value and provided us with its modern opportunity-cost formulation. Haberler's reformulation of comparative advantage revolutionized the theory of international trade and laid the conceptual foundation of modern trade theory. On the occasion of its 75th anniversary, a symposium has been organized to reflect on and celebrate one of the most durable and fruitful ideas…
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Title : Ricardo ’ s numerical example versus Ricardian trade model : A comparison of two distinct notions of comparative advantage Version : July 2016 Author :
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