Alan V. Deardorff (born 1944) is the John W. Sweetland Professor of International Economics and a Professor of
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes ...
and Public Policy at the
University of Michigan
, mottoeng = "Arts, Knowledge, Truth"
, former_names = Catholepistemiad, or University of Michigania (1817–1821)
, budget = $10.3 billion (2021)
, endowment = $17 billion (2021)As o ...
Gerald R. Ford School of Public Policy,
Ann Arbor.
[Alan V. Deardorff]
University of Michigan
, mottoeng = "Arts, Knowledge, Truth"
, former_names = Catholepistemiad, or University of Michigania (1817–1821)
, budget = $10.3 billion (2021)
, endowment = $17 billion (2021)As o ...
, Department of Economics, Faculty Deardorff received his Ph.D. in Economics from
Cornell University
Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to tea ...
in 1971.
Deardorff is the author o
Deardorffs' Glossary of International Economics as well as th
Family Tree of Trade Economists He has undertaken work on
David Ricardo
David Ricardo (18 April 1772 – 11 September 1823) was a British political economist. He was one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James Mill. Ricardo was also a politician, and a ...
's theory of
comparative advantage
In an economic model, agents have a comparative advantage over others in producing a particular good if they can produce that good at a lower relative opportunity cost or autarky price, i.e. at a lower relative marginal cost prior to trade. Comp ...
, arguing that "the law of comparative advantage breaks down when applied to individual
commodities or pairs of commodities in a many-commodity world", but stating that "that the law is nonetheless valid if restated in terms of averages across all commodities".
[Deardorff, A. V.]
The General Validity of the Law of Comparative Advantage
''The Journal of Political Economy'', Volume 88, No. 5 (Oct., 1980), pp. 941-957
Current Affiliations
*External Fellow
Leverhulme Centre for Research on Globalisation and Economic Policy University of Nottingham.
*Faculty Associate
William Davidson Institute University of Michigan
*International Research Fellow
Kiel Institute of World Economics*Member, Academic Council, VRCenter DEGIT, Institute for World Economics, Kiel University
*Member
American Economic Association*Member, Board of Editors
North American Journal of Economics and Finance*Member, Editorial Advisory Board
*Member, Editorial Advisory Board
The World Economy*Member, Editorial Board
Journal of Economic Integration*Member, Editorial Board
Journal of International Economic Law*Member, Editorial Board, Studies in International Economics, University of Michigan Press
*Member
Group of Eminent Persons on Non-tariff BarriersUnited Nations Conference on Trade and Development
References
External links
Alan Deardorff's website
1944 births
Living people
21st-century American economists
Cornell University alumni
Faculty
University of Michigan faculty
Gerald R. Ford School of Public Policy faculty
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