This article explores the existence of economic systems. Why do many economic systems exist instead of a single, unified global market? To address this question and explain some the evidence, the article contrasts and compares two key drivers of economic development: the gains from trade and the gains from knowledge accumulation.

Why do economic systems exist?

GianPaolo Mariutti
2024-01-01

Abstract

This article explores the existence of economic systems. Why do many economic systems exist instead of a single, unified global market? To address this question and explain some the evidence, the article contrasts and compares two key drivers of economic development: the gains from trade and the gains from knowledge accumulation.
2024
International trade, comparative advantages, comparative economic systems
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11562/1155827
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