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A Specific-Factors Model with Historical Application

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Author Info
Christopher Bliss () (Nuffield College, Oxford, UK)

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Abstract

In 1971, Ronald Jones examined a three-factor two-good model under the assumption that two of the factors are specific to one sector (a different sector for each such factor). Working independently, in the same year Paul Samuelson developed a similar framework. In this paper that specification is weakened, so that only one sector (agriculture) has a specific factor (land). When land is a separable input into food production, factor price-equalization can no longer be shown, but Stolper-Samuelson magnification is still observed, although it is weakened. An application to the abolition of the corn laws is discussed. Copyright Blackwell Publishing Ltd 2003..

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Publisher Info
Article provided by Blackwell Publishing in its journal Review of International Economics.

Volume (Year): 11 (2003)
Issue (Month): 2 (05)
Pages: 268-278
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Handle: RePEc:bla:reviec:v:11:y:2003:i:2:p:268-278

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  1. Harry P. Bowen & Jennifer Pedussel wu, 2004. "Does IT matter where immigrants work? Traded goods, non-traded goods, and sector specific employment," Vlerick Leuven Gent Management School Working Paper Series 2004-14, Vlerick Leuven Gent Management School. [Downloadable!]
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