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, set against the backdrop of contemporary international trade practices. It follows the logical thread of the fundamental factors of "transformation" - comparative advantage, the market transaction factors of "transformation" - transaction efficiency, and the sustainability factors of "transformation" - institutional arrangements. Using a combination of empirical and normative research methods, it reveals the mechanism by which comparative advantage transforms into competitive advantage. On this basis, it explores the pathways for transforming comparative advantage into competitive advantage, and conducts applied research on the further development of China's foreign trade. The book is 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 those engaged in economic research, business management, and foreign trade.