A Modified Heckscher-Ohlin Theorem under Quasi-Linear Utility Functions

Constructing a two-country, two-good, two-factor model of international trade under quasi-linear utility functions, we obtain a Modified Heckscher-Ohlin (MHO) Theorem that relates the trade pattern to the international distribution of factor endowments. We also show that the MHO Theorem survives imperfect competition and increasing returns.

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Year of publication:	2003-11
Authors:	Fujiwara, Kenji ; Shimomura, Koji
Institutions:	Research Institute for Economics and Business Administration, Kobe University
Subject:	The Modified Heckscher-Ohlin Theorem \| Quasi-linear utility function \| Imperfect competition \| Increasing returns to scale

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Extent:	application/pdf
Series:	Discussion Paper Series. - ISSN 1345-2207.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 145 14 pages
Classification:	F10 - Trade. General ; F12 - Models of Trade with Imperfect Competition and Scale Economies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005675566