An Inframarginal Analysis of the Heckscher-Olin Model with Transaction Costs and Technological Comparative Advantage
AbstractIn the paper we introduce technological comparative advantage and transaction costs into the Heckscher-Olin (HO) model and refine the HO theorem, the Stolper-Samuelson theorem, the Rybczynski theorem, and factor equalization theorem. The refined core theorems can be used to accommodate recent empirical evidence that is at odds with the core theorems.
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.
Bibliographic InfoPaper provided by Center for International Development at Harvard University in its series CID Working Papers with number 9.
Date of creation: Apr 1999
Date of revision:
Contact details of provider:
Postal: Center for International Development at Harvard University (CID). 79 John F. Kennedy Street, Cambridge, MA 02138.
Web page: http://www.cid.harvard.edu/cidwp/
More information through EDIRC
H-O theorem; factor equalization theorem; Stolper-Samuelson theorem; Rybczynski theorem;
Other versions of this item:
- Cheng, W.L. & Sachs, J.D. & Yang, X., 1999. "An Inframarginal Analysis of the Heckscher-Olin Model with Transaction Costs and Technological Comparartive Advantage," Papers 9, Chicago - Graduate School of Business.
- F10 - International Economics - - Trade - - - General
- F11 - International Economics - - Trade - - - Neoclassical Models of Trade
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Jeffrey D. Sachs & Xiaokai Yang & Dingsheng Zhang, 1999.
"Pattern of Trade and Economic Development in the Model of Monopolistic Competition,"
CID Working Papers
14, Center for International Development at Harvard University.
- Sachs, J.D. & Yang, X., 1999. "Pattern of Trade and Economic Development in the Model of Monopolistic Competition," Papers 14, Chicago - Graduate School of Business.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.