Please use this identifier to cite or link to this item:
https://ruomo.lib.uom.gr/handle/7000/624
Title: | Unequal exchange and absolute cost advantage: evidence from the trade between Greece and Germany |
Authors: | Tsaliki, Persefoni Paraskevopoulou, Christina Tsoulfidis, Lefteris |
Type: | Article |
Subjects: | FRASCATI::Social sciences FRASCATI::Social sciences::Economics and Business |
Keywords: | Unequal exchange Absolute cost advantage Classical theory of value Factor content Input–output Tables Input-output anlysis |
Issue Date: | Jul-2018 |
Publisher: | Oxford University Press |
Source: | Cambridge Journal of Economics |
Volume: | 42 |
Issue: | 4 |
First Page: | 1043 |
Last Page: | 1086 |
Abstract: | This article investigates the nature and the salient features of international trade between Greece and her major trading partner Germany. The analysis inspired by the classical theory of value and distribution and using input–output data spanning the period 1995–2011 shows that the German economy possesses absolute cost advantage in its trade with Greece which gives rise to unequal exchange in the sense of transfers of labour values from Greece to Germany. |
URI: | https://doi.org/10.1093/cje/bex060 https://ruomo.lib.uom.gr/handle/7000/624 |
ISSN: | 0309-166X 1464-3545 |
Other Identifiers: | 10.1093/cje/bex060 |
Appears in Collections: | Department of Economics |
Files in This Item:
File | Description | Size | Format | |
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CJE_2017_UnequalExchange_r_2020.pdf | 1,85 MB | Adobe PDF | View/Open |
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