Factor mobility and international trade

Files in This Item:
File Description SizeFormat 
wp94_09.pdf653.75 kBAdobe PDFDownload
Title: Factor mobility and international trade
Authors: Neary, J. Peter
Permanent link: http://hdl.handle.net/10197/1754
Date: 16-Jun-1994
Abstract: This paper develops a two-country model of trade and factor mobility in which capital is sector-specific but internationally mobile. The model avoids the implausible predictions of specialisation in Heckscher-Ohlin models and exhibits a rich variety of responses to exogenous shocks, including transfers, capital taxes, and tariffs. The results throw light on the relationship between goods and factor trade, reconciling the conflicting views of previous writers. It is argued that the model holds out the possibility of a new paradigm in international trade theory in which international factor movements play a central rather than a peripheral role.
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP94/9
Keywords: International capital mobilityInternational tradeTariffs and capital taxesSector-specific capital
Subject LCSH: International trade--Mathematical models
Capital movements
Commercial policy
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

Show full item record

Page view(s) 20

154
checked on May 25, 2018

Download(s) 50

180
checked on May 25, 2018

Google ScholarTM

Check


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.