Endogenous labour market imperfection and the HOS model: some counterintuitive trade-theoretic results

This paper introduces endogenous labour market imperfection in an otherwise Heckscher-Ohlin-Samuelson (HOS) model. It demonstrates that this framework satisfies the Stolper-Samuelson theorem and the magnification effect and that it is capable of producing certain trade-theoretic results which are contrary to the standard HOS and the Corden and Findlay (1975) results.

MoreLess

Year of publication:	2012-01-10
Authors:	Chaudhuri, Sarbajit
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Labour market imperfection \| Heckscher-Ohlin-Samuelson model \| Corden and Findlay model \| foreign capital \| trade liberalization \| general equilibrium

More details

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	F20 - International Factor Movements and International Business. General ; O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements ; F21 - International Investment; Long-Term Capital Movements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009421998