Trade Liberalisation and Factor Mobility: An Overview.

This paper analyses the ways in which liberalisation of goods trade may change factor prices and the incentives for factor mobility. While trade liberalisation reduces the incentives for factor mobility in a Heckscher-Ohlin model, it may increase it in a specific factors model (in which there is a r...

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मुख्य लेखक: Venables, A
स्वरूप: Working paper
भाषा:English
प्रकाशित: Centre for Economic Performance, LSE 1997
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author Venables, A
author_facet Venables, A
author_sort Venables, A
collection OXFORD
description This paper analyses the ways in which liberalisation of goods trade may change factor prices and the incentives for factor mobility. While trade liberalisation reduces the incentives for factor mobility in a Heckscher-Ohlin model, it may increase it in a specific factors model (in which there is a richer range of substitution/complementarity relationships between factors of production) and in models in which there are increasing returns to scale.
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institution University of Oxford
language English
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spelling oxford-uuid:2080c342-251c-4881-be69-5b5f64063a062022-03-26T11:27:52ZTrade Liberalisation and Factor Mobility: An Overview.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:2080c342-251c-4881-be69-5b5f64063a06EnglishDepartment of Economics - ePrintsCentre for Economic Performance, LSE1997Venables, AThis paper analyses the ways in which liberalisation of goods trade may change factor prices and the incentives for factor mobility. While trade liberalisation reduces the incentives for factor mobility in a Heckscher-Ohlin model, it may increase it in a specific factors model (in which there is a richer range of substitution/complementarity relationships between factors of production) and in models in which there are increasing returns to scale.
spellingShingle Venables, A
Trade Liberalisation and Factor Mobility: An Overview.
title Trade Liberalisation and Factor Mobility: An Overview.
title_full Trade Liberalisation and Factor Mobility: An Overview.
title_fullStr Trade Liberalisation and Factor Mobility: An Overview.
title_full_unstemmed Trade Liberalisation and Factor Mobility: An Overview.
title_short Trade Liberalisation and Factor Mobility: An Overview.
title_sort trade liberalisation and factor mobility an overview
work_keys_str_mv AT venablesa tradeliberalisationandfactormobilityanoverview