Now showing items 11-15 of 15
Weak links in the chain of comparative advantage
(Elsevier, 1979-05)
This paper examines the proposition that trade in many commodities can be explained by a chain of comparative advantage. It is first shown, in a two-country, two-factor model, that trade accords with the ranking of goods ...
On models of racial prejudice and urban residential structure
(Elsevier, 1977-07)
Economists have studied the effects of racial prejudice on urban residential structure using a set of models that focus on conditions at the border between the black and white areas. This paper is a review of the theoretical ...
The terms-of-trade effect on expenditure : Some evidence from econometric models
(Elsevier, 1978-08)
The terms-of-trade effect on expenditure has been a long-recognized theoretical construct. In this paper, we examine the empirical credibility of this effect, using the expenditure equations of several large econometric ...