Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10008639513
We offer a simple variant of the standard Heckscher-Ohlin Model that explains how a developing country, by opening up to trade with a large capital-abundant economy, can be induced to shift resources into more capital-intensive production than that which it was producing in autarky. As a result,...
Persistent link: https://www.econbiz.de/10008681202