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should respond to this, including increased use and improvement of programs of trade adjustment assistance. …
Persistent link: https://www.econbiz.de/10005551421
. The model for this purpose is the two-cone version of the Heckscher-Ohlin (HO) trade model, in which countries have … different factor prices even with free trade and in which they produce mostly different groups of goods. In that model, unlike … rich country. The paper argues that this will then lead to the rich country restricting trade. This in turn will lower the …
Persistent link: https://www.econbiz.de/10005551444
" trade and international direct investment, in the sense that these occur at random across countries when traders and …
Persistent link: https://www.econbiz.de/10005357221
This paper examines the implications of the Heckscher-Ohlin (HO) Model for the patterns of production and trade that …. Starting with the textbook model of two factors and two goods, growth paths for production and trade are derived in terms of a … trade over time. …
Persistent link: https://www.econbiz.de/10005357228
The endogenous growth literature raises the possibility that countries may grow without bound in terms of per capita income, and that they may do so at different rates. This posibility also exists in neoclassical growth models with diverging populations- populations tha grow at different rates....
Persistent link: https://www.econbiz.de/10005146467