A Multi-Country Approach to Factor-Proportions Trade and Trade Costs.

Classic trade questions are reconsidered by generalizing a factor-proportions model to multiple countries, multi-stage production, and country-specific trade costs. We derive patterns of production specialization and trade for a matrix of countries that differ in relative endowments (columns) and tr...

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Bibliographic Details
Main Authors: Markusen, J, Venables, A
Format: Working paper
Language:English
Published: National Bureau of Economic Research, Inc. 2005