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Schooling, Information Accumulation, And International Trade

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MOBINUL HUQ

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Abstract

This paper incorporates an information accumulation model of schooling into the standard model of international trade. This is done in a simple overlapping generations general equilibrium framework where workers make choices regarding the level of information accumulation and countries differ in terms of their endowment of educational capital stock. As predicted by the Heckscher-Ohlin-Samuelson model, each country exports the good that uses its abundant factor more intensively. Free trade encourages schooling in a capital abundant country and may lead to a factor intensity reversal. [F11, J24]

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Publisher Info
Article provided by Korean International Economic Association in its journal International Economic Journal.

Volume (Year): 9 (1995)
Issue (Month): 1 (April)
Pages: 1-11
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Handle: RePEc:taf:intecj:v:9:y:1995:i:1:p:1-11

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  1. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467. [Downloadable!] (restricted)
  2. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66, pages 281. [Downloadable!] (restricted)
  3. Findlay, Ronald & Kierzkowski, Henryk, 1983. "International Trade and Human Capital: A Simple General Equilibrium Model," Journal of Political Economy, University of Chicago Press, vol. 91(6), pages 957-78, December. [Downloadable!] (restricted)
  4. MacDonald, Glenn M, 1980. "Person-Specific Information in the Labor Market," Journal of Political Economy, University of Chicago Press, vol. 88(3), pages 578-97, June. [Downloadable!] (restricted)
  5. Manning, Richard, 1982. "Trade, Education and Growth: The Small-Country Case," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 23(1), pages 83-106, February. [Downloadable!] (restricted)
  6. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 972-90, October. [Downloadable!] (restricted)
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  7. Ian Wooton, 1991. "Capital, Skills, and International Trade," Canadian Journal of Economics, Canadian Economics Association, vol. 24(2), pages 372-90, May. [Downloadable!] (restricted)
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