Factor content functions and the theory of international trade
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 of production embodied in net imports as functions of the exogenous variables facing the economy...
| Main Authors: | , |
|---|---|
| Format: | Journal article |
| Sprog: | English |
| Udgivet: |
Review of Economic Studies Ltd
1986
|
| Fag: |