Factor content functions and theory of international trade
|Title:||Factor content functions and theory of international trade||Authors:||Neary, J. Peter
Schweinberger, Albert G.
|Permanent link:||http://hdl.handle.net/10197/1403||Date:||Sep-1983||Abstract:||This paper introduces the concepts of direct and indirect factor trade utility functions and uses them to derive Marshallian and Hicksian factor content functions, which express the quantities of factors embodied in variables. The properties of these functions are discussed and they are used to derive a number of new results. In particualar, it is shown that, in certain circumstances, the existence of gains from trade is necessary and sufficient for the Heckscher-Ohlin theorem to hold in its factor content form.||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Series/Report no.:||UCD Centre for Economic Research Working Paper Series; No. 11||Subject LCSH:||Utility theory--Mathematical models
|Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
Show full item record
Page view(s) 20143
This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.