A Specific-Factors Model with Historical Application
AbstractIn 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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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of International Economics.
Volume (Year): 11 (2003)
Issue (Month): 2 (05)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0965-7576
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- Harry P. Bowen & Jennifer Pedussel Wu, 2011.
"Immigrant Specificity and the Relationship between Trade and Immigration: Theory and Evidence,"
Discussion Paper Series
2011-01, McColl School of Business, Queens University of Charlotte, revised 13 Jul 2012.
- Harry P. Bowen & Jennifer Pédussel Wu, 2013. "Immigrant Specificity and the Relationship between Trade and Immigration: Theory and Evidence," Southern Economic Journal, Southern Economic Association, vol. 80(2), pages 366-384, October.
- Bowen, Harry P. & Pédussel Wu, Jennifer, 2012. "Immigrant specificity and the relationship between trade and immigration: Theory and evidence," Working Papers 70, Institute of Management Berlin (IMB), Berlin School of Economics and Law.
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