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Author: Ronald Findlay
Publisher: MIT Press
ISBN: 9780262061759
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously. The standard version of the Heckscher-Ohlin model of international trade treats the factors of production--land, labor, and capital--as essentially analytically similar and symmetrical. In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously.Findlay extends the factor proportions theory of international trade to consider capital accumulation, income distribution, and factor mobility in a growing world economy. Among the questions he addresses are such fundamental issues as the conditions under which international trade equalizes the rate of interest; the effects of learning and invention on economic growth and comparative advantage; the role of human capital and skill formation in determining patterns of comparative advantage and the reciprocal effect of international trade on these variables through its impact on wage differentials between skilled and unskilled workers; the incorporation of new territories into a trading system by extensions of the frontier and labor migration as in the establishment of the Atlantic economy of the nineteenth century; and the impact of reductions in transport costs of industrial raw materials on global patterns of manufacturing activity and comparative advantage.The Ohlin Lectures
Author: Ronald Findlay
Publisher: MIT Press
ISBN: 9780262061759
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously. The standard version of the Heckscher-Ohlin model of international trade treats the factors of production--land, labor, and capital--as essentially analytically similar and symmetrical. In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously.Findlay extends the factor proportions theory of international trade to consider capital accumulation, income distribution, and factor mobility in a growing world economy. Among the questions he addresses are such fundamental issues as the conditions under which international trade equalizes the rate of interest; the effects of learning and invention on economic growth and comparative advantage; the role of human capital and skill formation in determining patterns of comparative advantage and the reciprocal effect of international trade on these variables through its impact on wage differentials between skilled and unskilled workers; the incorporation of new territories into a trading system by extensions of the frontier and labor migration as in the establishment of the Atlantic economy of the nineteenth century; and the impact of reductions in transport costs of industrial raw materials on global patterns of manufacturing activity and comparative advantage.The Ohlin Lectures
Author: C.C. Onyemelukwe
Publisher: Routledge
ISBN: 1315500116
Category : Business & Economics
Languages : en
Pages : 690
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Book Description
A theoretical framework aiming to facilitate study of development economics. The author presents his theory in three sections: how advanced nations developed; a proposed third dimension, in addition to labour and capital; and why capital accumulation is unnecessary, even potentially harmful.
Author: Ufuk Demiroglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 300
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Author: Bo Södersten
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 204
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Author: Peter Debaere
Publisher:
ISBN:
Category :
Languages : en
Pages : 402
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Author: James Albert Wilson
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 330
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Author: J. Peter Neary
Publisher:
ISBN:
Category : Commercial policy
Languages : en
Pages : 682
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Author: Amy R. Hwang
Publisher:
ISBN:
Category : Economic
Languages : en
Pages : 38
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Author: Staffan Burenstam Linder
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 208
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Author: Gregory Charles Lassiter
Publisher:
ISBN:
Category :
Languages : en
Pages : 288
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