The Impact of Talent Distribution on Trade
In an equilibrium trade model, we prove that not only the diversity effect but also the kurtosis effect will affect the pattern of comparative advantage. Furthermore, we find that, against the conventional results, if the kurtosis effect dominates the diversity effect then a country with more (less) diversified talent may export the goods produced by supermodular (submodular) technology.
Year of publication: |
2012
|
---|---|
Authors: | Lee, Cheng Te |
Published in: |
Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 32.2012, 3, p. 2198-2206
|
Publisher: |
AccessEcon |
Subject: | small open economy | talent distribution | trade |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
GTAPINGAMS, version 9: multiregional and small open economy models with alternative demand systems
Lanz, Bruno, (2016)
-
Border Delays and Trade Liberalization.
Cudmore, Edgar, (2002)
-
Market Access, Economic Geography, and Comparative Advantage: An Empirical Assessment
Davis, Donald R., (1998)
- More ...