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Comparative advantage and agricultural trade
Author(s) -
Donaldson Dave
Publication year - 2019
Publication title -
agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.29
H-Index - 82
eISSN - 1574-0862
pISSN - 0169-5150
DOI - 10.1111/agec.12529
Subject(s) - comparative advantage , agriculture , economics , international trade , welfare , agricultural productivity , productivity , trade barrier , international economics , agricultural economics , economic growth , geography , market economy , archaeology
This article is based on a transcript of the Leonard K. Elmhirst Memorial Address, delivered at the 30th International Conference of Agricultural Economists in Vancouver, Canada, on July 29, 2018. The presentation provided an overview of work that I have done recently on comparative advantage and its role in agricultural trade patterns and trade‐driven changes in welfare. Two topics are addressed: (a) the static gains from intranational agricultural trade due to comparative advantage; and (b) how trade might mitigate consumption losses and food insecurity from changes in agricultural productivity caused by drought and climate change.