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Technological Comparative Advantage and Behavior of Factor Prices with Trade

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  • Yun, K.K.
  • Akita, J.

Abstract

We introduce technological differences in a Heckscher-Ohlin model and study how the technology and endowment differences interact to determine the effects of trade on factor prices.

Suggested Citation

  • Yun, K.K. & Akita, J., 2000. "Technological Comparative Advantage and Behavior of Factor Prices with Trade," ISER Discussion Paper 0489, Institute of Social and Economic Research, Osaka University.
    • Handle: RePEc:dpr:wpaper:0489
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    References listed on IDEAS

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    1. Davis, Donald R., 1995. "Intra-industry trade: A Heckscher-Ohlin-Ricardo approach," Journal of International Economics, Elsevier, vol. 39(3-4), pages 201-226, November.
    2. Stewart, Douglas B, 1976. "Can Trade Widen the Difference between Factor Rewards? Another Look at the More-Goods-Than-Factors Case," American Economic Review, American Economic Association, vol. 66(4), pages 671-674, September.
    3. Alan V. DEARDORFF, 2011. "Firless Firwoes: How Preferences Can Interfere With The Theorems Of International Trade," World Scientific Book Chapters, in: Robert M Stern (ed.), Comparative Advantage, Growth, And The Gains From Trade And Globalization A Festschrift in Honor of Alan V Deardorff, chapter 13, pages 129-140, World Scientific Publishing Co. Pte. Ltd..
    4. Rudiger Dornbusch & Stanley Fischer & Paul A. Samuelson, 1980. "Heckscher-Ohlin Trade Theory with a Continuum of Goods," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 95(2), pages 203-224.
    5. Steven J. Davis, 1992. "Cross-Country Patterns of Change in Relative Wages," NBER Chapters, in: NBER Macroeconomics Annual 1992, Volume 7, pages 239-300, National Bureau of Economic Research, Inc.
    6. Jones, Ronald W., 1996. "International trade, real wages, and technical progress: The specific-factors model," International Review of Economics & Finance, Elsevier, vol. 5(2), pages 113-124.
    7. Olivier Blanchard & Stanley Fischer (ed.), 1992. "NBER Macroeconomics Annual 1992," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262521741, December.
    8. Dornbusch, Rudiger & Fischer, Stanley & Samuelson, Paul A, 1977. "Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods," American Economic Review, American Economic Association, vol. 67(5), pages 823-839, December.
    9. Ronald W. Jones, 2018. "Trade, Technology, and Income Distribution," World Scientific Book Chapters, in: International Trade Theory and Competitive Models Features, Values, and Criticisms, chapter 10, pages 153-166, World Scientific Publishing Co. Pte. Ltd..
    10. Richard B. Freeman, 1995. "Are Your Wages Set in Beijing?," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 15-32, Summer.
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    More about this item

    Keywords

    TECHNOLOGICAL CHANGE ; INTERNATIONAL TRADE;

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade

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