Analysis of economic integration through theory of competitive advantage
Qichao Chen
Abstract
Qichao Chen
Abstract
Through the comparison between the theory of competitive advantage and the theory of comparative advantage,this paper concludes that the theory of competitive advantage is the theory of interactive comparative advantage,and the economic integration can gain much more benefit through division of labor in the economic integration according to the theory of competitive advantage.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Through the comparison between the theory of competitive advantage and the theory of comparative advantage,this paper concludes that the theory of competitive advantage is the theory of interactive comparative advantage,and the economic integration can gain much more benefit through division of labor in the economic integration according to the theory of competitive advantage.
Key concepts: Competitive advantage, Comparative advantage, Division of labour, Industrial organization, Economics, Neoclassical economics, Management, Market economy