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Dynamic Comparative Advantages And The Economies Of Developing Strategic Choice

Posted on:2004-07-06Degree:MasterType:Thesis
Country:ChinaCandidate:Y W JiFull Text:PDF
GTID:2206360122475940Subject:World economy
Abstract/Summary:PDF Full Text Request
After the theory of comparative advantage was born, it has experienced Ricardo's theory of comparative advantage which is based on labor productivity and Heckscher-Ohlin's theory of comparative advantage which is based on resource endowment. But the way that these theories analyze the comparative advantage is static. So these theories belong to the static comparative advantage theory. The static comparative advantage theory takes shape and develops in order to meet the need of western developed countries' trade practice. It can't provide the theoretic foundation for economic development of the developing countries. Even more it might hinder the economic development of the developing countries.After the Second World War, with the range, depth, and method of theoretically studying expanding, deepening and upgrading, the way of studying of comparative advantage turned into dynamic analysis from static analysis. The dynamic comparative advantage theory is mainly about the long-term change tendency of the comparative advantage and the decisive factors which cause the change of the comparative advantage. To a certain extent, it has solved the contradiction between the static comparative advantage theory and the developing country's economic development. So it could provide the theoretical reference for the developing countries to make the economic strategy that is suitable for their national conditions.This thesis reviews the history of the static comparative advantage theory and the dynamic comparative advantage theory at first and points out their different influences on the developing countries' economic development. Then the thesis explains the forms and the decisive factors of the dynamic comparative advantage in detail and analyses the inherent mechanism under which these factors impel the dynamic comparative advantage to change. Finally, according to the law of the change of the dynamic comparative advantage, the thesis makes the economic strategy of the developing countries.The thesis has five parts altogether:The first part reviews the history of the static comparative advantage theory and the dynamic comparative advantage theory at first and points out their different influences on the developing countries' economic development.The second part makes a concrete analysis of the problems the developing countries would face if they organize producing and trading according to the static comparative advantage theory.The third part explains the forms and the decisive factors of the dynamic comparative advantage and analyses the inherent mechanism under which these factors impel the dynamic comparative advantage to change.The forth part, according to the law analyzed above of the change of the dynamic comparative advantage, makes the economic strategy of the developing countries.
Keywords/Search Tags:Static Comparative Advantage Theory, Dynamic Comparative Advantage Theory, Economic Strategy of Developing Countries
PDF Full Text Request
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