Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP766 |
DP766 International Trade, Factor Mobility and Trade Costs | |
Anthony Venables; Victor D Norman | |
发表日期 | 1993-02-28 |
出版年 | 1993 |
语种 | 英语 |
摘要 | We consider a Heckscher-Ohlin model in which goods and factors of production can be traded, but trade involves transactions costs. Goods trade alone will not equalize factor prices, so there is an incentive for trade in factors of production. Whether goods or factors are traded depends on endowments and transactions costs. We characterize equilibria in which there is no trade, there is goods trade only, there is factor trade only, and there is trade in both goods and factors. This generalizes the Heckscher-Ohlin model to explain not only the direction of trade, but also the prior question of how goods and factors are partitioned to tradables and non-tradables. |
主题 | International Trade and Regional Economics |
关键词 | Factor mobility International trade |
URL | https://cepr.org/publications/dp766 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529919 |
推荐引用方式 GB/T 7714 | Anthony Venables,Victor D Norman. DP766 International Trade, Factor Mobility and Trade Costs. 1993. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。