The possibility of factor price equalization, revisited
dc.contributor.author | Deardorff, Alan V. | en_US |
dc.date.accessioned | 2006-04-10T18:22:14Z | |
dc.date.available | 2006-04-10T18:22:14Z | |
dc.date.issued | 1994-02 | en_US |
dc.identifier.citation | Deardorff, Alan V. (1994/02)."The possibility of factor price equalization, revisited." Journal of International Economics 36(1-2): 167-175. <http://hdl.handle.net/2027.42/31804> | en_US |
dc.identifier.uri | http://www.sciencedirect.com/science/article/B6V6D-45BC64D-X/2/dd501608729a644b31241158bc0f0c7e | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/31804 | |
dc.description.abstract | This paper derives a condition for factor price equalization (FPE) in a Heckscher-Ohlin model with many goods, factors, and countries. Using Dixit and Norman's integrated world economy (IWE), two sets, called lenses, are constructed: one spanned by the factor vectors used to produce goods in the IWE; the other spanned by the countries' factor endowments. If the factor-endowment lens ever passes outside the factor-use lens, then FPE is impossible. In this sense, therefore, FPE requires that factor endowments vary less across countries than factor intensities vary across industries. | en_US |
dc.format.extent | 554248 bytes | |
dc.format.extent | 3118 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.language.iso | en_US | |
dc.publisher | Elsevier | en_US |
dc.title | The possibility of factor price equalization, revisited | en_US |
dc.type | Article | en_US |
dc.rights.robots | IndexNoFollow | en_US |
dc.subject.hlbsecondlevel | American and Canadian Studies | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.subject.hlbtoplevel | Humanities | en_US |
dc.description.peerreviewed | Peer Reviewed | en_US |
dc.contributor.affiliationum | Department of Economics, The University of Michigan, 240 Lorch Hall, Ann Arbor, MI 48109-1220, USA | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/31804/1/0000750.pdf | en_US |
dc.identifier.doi | http://dx.doi.org/10.1016/0022-1996(94)90063-9 | en_US |
dc.identifier.source | Journal of International Economics | en_US |
dc.owningcollname | Interdisciplinary and Peer-Reviewed |
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