 The discovery of the Heckscher-Ohlin model of international tradePeter Lloyd International Journal of Development and Conflict, 2011, vol. 1, issue 3, 241-264 Abstract: Heckscher (1919) and Ohlin (1924, 1933) constructed the Heckscher–Ohlin model of international trade with variable proportions between nonspecific factors. However, four other authors have been credited with the discovery independently of a variable proportions model of international trade before Ohlin in 1933. They are Haberler (1930), Viner (1931), Leontief (1933), and Lerner (1932, 1934). This paper compares the structure of models of these six authors and examines whether each derived the four core theorems; gains from trade, factor price equalization, the Heckscher–Ohlin theorem and the Stolper–Samuelson Theorem. The claims for Haberler and Viner are dismissed but Leontief and Lerner constructed models of international trade similar to those of Heckscher and Ohlin. I then consider how the development of production and general equilibrium models enabled the discovery of the "Heckscher–Ohlin" model and explore reasons for the longevity of the Heckscher–Ohlin model. Keywords: Heckscher–Ohlin model; variable proportions; model dimensions; core theorems (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:gok:ijdcv1:v:1:y:2011:i:3:p:241-264 Ordering information: This journal article can be ordered from Access Statistics for this article International Journal of Development and Conflict is currently edited by Partha Gangopadhyay More articles in International Journal of Development and Conflict from Gokhale Institute of Politics and Economics Contact information at EDIRC. |
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