Ftaa And North Carolina: Income Redistribution Across Labor Groups
The specific factors model was used to determine potential adjustments due to FTAA on income redistribution among skilled labor groups in North Carolina. All wages but agriculture and manufacture labor are projected to rise. Returns to capital in service will increase while returns to capital in agriculture and manufacture fall.
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- Chang, Winston W, 1979. "Some Theorems of Trade and General Equilibrium with Many Goods and Factors," Econometrica, Econometric Society, vol. 47(3), pages 709-26, May.
- Thompson, Henry, 1994. "An investigation into the quantitative properties of the specific factors model of international trade," Japan and the World Economy, Elsevier, vol. 6(4), pages 375-388, December.
- Ronald W. Jones, 1965. "The Structure of Simple General Equilibrium Models," Journal of Political Economy, University of Chicago Press, vol. 73, pages 557.
- Marchant, Mary A. & Ruppel, Fred J., 1993. "The Impacts Of Lesser Developed Countries On Southern Region Agricultural Exports," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 22(1), April.
- Howard J. Wall, 2003.
"NAFTA and the geography of North American trade,"
Federal Reserve Bank of St. Louis, issue Mar, pages 13-26.
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