Why the Lens Condition Cannot Imply Factor Price Equalization
AbstractThis paper explains why the lens condition cannot imply the factor price equalization condition when the rank of the factor use matrix is larger than two, but smaller than the number of goods. This arises from production substitution and the degeneration of the convex polyhedrons consisting of the possible output vectors of a country where the factor market is cleared. Two kinds of necessary and sufficient conditions for the factor price equalization condition are given. As a byproduct, a simple proof is given on equivalence between the lens condition and the factor price equalization condition in the case where the rank of the factor use matrix is two. Copyright � 2010 Blackwell Publishing Ltd.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of International Economics.
Volume (Year): 18 (2010)
Issue (Month): 4 (09)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0965-7576
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Steven Brakman & Charles van Marrewijk, 2011.
"Lumpy Countries, Urbanization, and Trade,"
CESifo Working Paper Series
3669, CESifo Group Munich.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.