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