It is known that, in the Heckscher-Ohlin type of general equilibrium trade models with one commodity produced by Cournot Oligopolists in the world market, the smaller country exports the imperfectly competitive commodity and gains from trade but the larger country may lose from trade. The...

The paper employs a three-sector general equilibrium model for examining the consequences of an infrastructure development scheme to the education sector and an inflow of foreign capital on the skilled-unskilled wage inequality in a developing economy. The education sector faces a capital...