no abstract

No abstract

This paper investigates outsourcing and foreign direct investment (FDI)decisions based on factor price differentials in North-South trade when the productionis fragmented into two independent processes.  It is shown that (a) when the Southern firm does not have the Northern firm-specific...

This paper considers the question of whether a country with the intermediate capital–laborratio is better off forming a free trade area with the higher or lower wage country. Typicalanalyses of gains from trade ignore the effects of free trade on factor prices. When Europe formsa free...

This paper investigates outsourcing and foreign direct investment (FDI) decisions in North–South trade under conditions of wage uncertainty. The North has a financial advantage to raise capital, but the South has the advantage of low wages. If the expected outsourcing cost is lower than...

This paper investigates outsourcing and foreign direct investment (FDI) decisions based on factor price differentials in North-South trade when the production activity is fragmented into two independent processes.  It is shown that (a) when the Southern firm does not have the Northern...

Lead Article. Cited in Giancarlo Gandolfo's textbook, International Economics I: The Pure Theory of International Trade (Springer-Verlag), 1995. Abstract Currently Unavailable.

This paper investigates long run consequences of international trade between two economies inhabited by two distinct races using different languages. If wages are not equal in autarky, free trade encourages the workers of the low-wage country to learn the language of the high-wage country. As...

no abstract

Cited in Giancarlo Gandolfo's textbook, International Economics I: The Pure Theory of International Trade (Springer-Verlag), 1995. Abstract Currently Unavailable.