Rodrigues, Mauro - In: Economia : revista da ANPEC 14 (2013) 2, pp. 2-10
This paper aims to capture key features of the Ricardo-Viner (RV) and Heckscher-Ohlin (HO) theories in a single dynamic general equilibrium framework. We use a simple 2-sector 2-factor model with adjustment costs associated with the movement of capital across sectors. We analyze the economy's...