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Sectoral Value Added Prices, TFP Growth, and the Low-Skilled Wage in High-Income Countries
Luecke, Matthias - 1999
This econometric analysis investigates the impact of changes in sectoral value-added prices and total factor productivity (TFP) on the equilibrium relative wage of low-skilled workers in eleven high-income countries. The key finding is that TFP growth mandated an increase in the unskilled wage,...
Persistent link: https://www.econbiz.de/10014192162
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Growth and Interdependence Under Complete Specialization
Cunat, Alejandro; Maffezzoli, Marco - 2001
We construct and numerically solve a dynamic Heckscher-Ohlin model in which the initial distribution of production factors in the world makes world-wide factor price equalization impossible, and leads countries to group in two diversification cones. We study the dynamics of income components and...
Persistent link: https://www.econbiz.de/10014133302
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The Heckscher-Ohlin model between 1400 and 2000 : when it explained factor price convergence, when it did not, and why
O'Rourke, Kevin Hjortshøj; Williamson, Jeffrey G. - 2000
Persistent link: https://www.econbiz.de/10013423000
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Integrated price-trade equilibrium by world factor endowments
Guo, Baoping - In: International advances in economic research 29 (2023) 3, pp. 193-205
Persistent link: https://www.econbiz.de/10014336392
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Comparative advantages in the digital era : a Heckscher-Ohlin-Vanek approach
Stöllinger, Roman; Guarascio, Dario - In: International economics : a journal published by CEPII … 175 (2023), pp. 63-89
Persistent link: https://www.econbiz.de/10014428838
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The pattern of international trade between Bangladesh and USA : Heckscher-Ohlin and Rybczynski analysis
Akther, Tanjina; Voumik, Liton Chandra; Rahman, Md. Hasanur - In: Modern supply chain research and applications 4 (2022) 3, pp. 162-176
theory and policy debates between Bangladesh and the United States. …
Persistent link: https://www.econbiz.de/10013470634
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What Role for Empirics in International Trade?
Davis, Donald R.; Weinstein, David E. - 2021
pure theory. At one time, this might have been rationalized by the paucity of empirics in the field or its weak theoretical …
Persistent link: https://www.econbiz.de/10013229336
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Us Trade and Wages : The Misleading Implications of Conventional Trade Theory
Edwards, Lawrence - 2010
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that … expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory … conventional theory to the assumption of incomplete specialization and find evidence that is not consistent with it. Since 1987 …
Persistent link: https://www.econbiz.de/10013142076
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US Trade and Wages : The Misleading Implications of Conventional Trade Theory
Lawrence, Robert Z. - 2013
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that … expanded trade between developed and developing countries will increase wage equality in the former. This theory is widely … theory to the assumption of incomplete specialization and find evidence that is not consistent with it. Since 1987, although …
Persistent link: https://www.econbiz.de/10013094649
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Sectoral value added prices, TFP growth, and the low-skilled wage in high-income countries
Lücke, Matthias - 1999
Persistent link: https://www.econbiz.de/10013261034