From Comparative Advantage to Competitive Advantage: Theoretical and Empirical Research

Author: Li Xiaozhong
Publisher:
Publish Date: 2004-04-01
Features: This book employs relevant cutting-edge theories in economics, taking the context of contemporary international trade practices as its background. It follows the logical main thread of the "transformation" based on its fundamental factors - comparative advantage, market transaction factors - transaction efficiency, and sustainability factors - institutional arrangements. Using a combination of empirical and normative research methods, it reveals the mechanism of transforming comparative advantage into competitive advantage. On this basis, it explores the pathways for the "transformation" of comparative advantage into competitive advantage and conducts applied research on the further development of China's foreign trade. The book is well-supported by detailed and reliable data, credible facts, cautious and clear conclusions, and offers targeted and forward-looking insights, making it a valuable reference for individuals engaged in economic research, business management, and foreign trade.