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The neoclassical ambiguity in the specific factor model

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Author Info
James Melvin, Robert Waschik

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Abstract

An alternative diagrammatic mechanism is developed to illustrate the effect of output price changes on input prices, particularly the return to labour, in a two-good, three-factor specific factor model.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of International Trade & Economic Development.

Volume (Year): 10 (2001)
Issue (Month): 3 (September)
Pages: 321-337
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Handle: RePEc:taf:jitecd:v:10:y:2001:i:3:p:321-337

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Related research
Keywords: Neoclassical Ambiguity Specific Factors;

References listed on IDEAS
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  1. Mayer, Wolfgang, 1974. "Short-Run and Long-Run Equilibrium for a Small Open Economy," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 955-67, Sept./Oct. [Downloadable!] (restricted)
  2. Khandker, A Wahhab, 1981. "Multinational Firms and the Theory of International Trade and Investment: A Correction and a Stronger Conclusion," American Economic Review, American Economic Association, vol. 71(3), pages 515-16, June. [Downloadable!] (restricted)
  3. Grossman, Gene M & Levinsohn, James A, 1989. "Import Competition and the Stock Market Return to Capital," American Economic Review, American Economic Association, vol. 79(5), pages 1065-87, December. [Downloadable!] (restricted)
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  4. Jones, Ronald W. & Neary, J. Peter & Ruane, Frances P., 1983. "Two-way capital flows : Cross-hauling in a model of foreign investment," Journal of International Economics, Elsevier, vol. 14(3-4), pages 357-366, May. [Downloadable!] (restricted)
  5. Leamer, Edward E. & Levinsohn, James, 1995. "International trade theory: The evidence," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 26, pages 1339-1394 Elsevier. [Downloadable!] (restricted)
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  6. Berglas, Eitan & Jones, Ronald W., 1977. "The export of technology," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 7(1), pages 159-202, January. [Downloadable!] (restricted)
  7. Jones, Ronald W & Dei, Fumio, 1983. "International Trade and Foreign Investment: A Simple Model," Economic Inquiry, Oxford University Press, vol. 21(4), pages 449-64, October.
  8. Ruffin, Roy & Jones, Ronald, 1977. "Protection and real wages: The neoclassical ambiguity," Journal of Economic Theory, Elsevier, vol. 14(2), pages 337-348, April. [Downloadable!] (restricted)
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