The volume of trade in the smallest Heckscher-Ohlin model

This paper develops the smallest model of international trade based on differences in factor endowments across countries. We use this model to clarify the result in Helpman and Krugman (1985) that relative country size does not matter for the volume of trade. Relative country size does matter for the volume of trade, holding relative endowments and the size of the world economy constant.

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Year of publication:	2005
Authors:	Soo, K T
Institutions:	Department of Economics, Management School
Subject:	International trade \| Heckscher-Ohlin \| trade volume

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 570270
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011195934