Trade theorems in a model of vertical production chain
AbstractThis paper investigates the Rybczynski theorem, the Stolper-Samuelson theorem, and the Heckscher-Ohlin theorem in a two-factor vertical production chain model of trade. For this purpose, capital is introduced into the model of Yano and Dei [Yano, M., & Dei, F. (2003). Trade, vertical production chain, and competition policy. Review of International Economics, 11(2), 237-252.]. A primary analytic device is the economy-wide production curve. This curve is derived under autarky and free trade, respectively.
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Bibliographic InfoArticle provided by Elsevier in its journal International Review of Economics & Finance.
Volume (Year): 18 (2009)
Issue (Month): 1 (January)
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Web page: http://www.elsevier.com/locate/inca/620165
Vertical production chain Rybczynski theorem Stolper-Samuelson theorem Heckscher-Ohlin theorem;
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