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.

MoreLess

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

More details

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