Comparative advantages revealed: experiments with a quadratic programming model of Sweden
1987 (English)Book (Other academic)
The explicit aim of this study is to adapt a model to the particular problem for estimating the comparative advantages in domestic production and trade for the Swedish economy, develop the data required, explore and demonstrate the major features and capabilities of the model. The concept of a quadratic quasi-welfare function, generated along the lines of producer and consumer surplus, forms the basis for the specification of a linear activity model where both prices and quantities are determined endogenously. Although the model is simple, the experiments do illustrate, besides identifying structural imbalances, very well the inherent possibilities and limitations as a general framework for structural analysis.
Place, publisher, year, edition, pages
Stockholm: Department of Economics, Stockholm Univerisity , 1987. , 128 p.
IdentifiersURN: urn:nbn:se:su:diva-91811OAI: oai:DiVA.org:su-91811DiVA: diva2:635452
Bearbetad version av författarens doktorsavhandling, 1987.2013-07-042013-07-042013-07-04