Peut-on toujours redistribuer les gains à la spécialisation et à l'echange? Un retour en pointillé sur Ricardo et Heckscher-Ohlin
The paper considers the interactions between equity and efficiency in the theory of international trade. First, in an intertemporal version of the Ricardo model, one exhibits an extreme case in which some specialisation may be so advantageous that it calls for very high international comensatory transfers. Second, one shows that in the Heckscher-Oehlin model, when redistribution can rely on realistic but unsufficiently powerful tools, policy recommendations in matter of trade may be strongly opposed to standard intuition.
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|Date of creation:||1998|
|Publication status:||Published in Revue économique, vol. 49, no. 3, mai 1998|
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