Heckscher-Ohlin theory when countries have different technologies
AbstractRethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix that computes the local factor content of foreign Rybczynski effects. Factor-specific productivities are a special case of these more general linear relationships.
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Bibliographic InfoArticle provided by Elsevier in its journal International Review of Economics & Finance.
Volume (Year): 20 (2011)
Issue (Month): 2 (April)
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Web page: http://www.elsevier.com/locate/inca/620165
International trade Factor prices Rybczynski effects;
Other versions of this item:
- Eric O'N. Fisher, 2010. "Heckscher-Ohlin Theory when Countries have Different Technologies," CESifo Working Paper Series 3118, CESifo Group Munich.
- F10 - International Economics - - Trade - - - General
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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