A 'Live' Version of the HOS Model with Interventions

John Gilbert

No 2009-05, Working Papers from Utah State University, Department of Economics

Abstract: We present a numerical version of the factor proportions (Heckscher-Ohlin-Samuelson) model of production in a small economy, built in Excel that features tax interventions at the input, output, consumption and trade levels. The model features the most common graphical devices used to explain the model properties, including integrating partial equilibrium geometry corresponding to the general equilibrium system. The solution is embedded in the sheet, making the use of the Solver add-in unnecessary. The model can be used to demonstrate the a wide variety of results from the neoclassical theory of commercial policy.

Keywords: Heckcher-Ohlin-Samuelson model; Factor proportions; Tariffs; Excel (search for similar items in EconPapers)
JEL-codes: A2 D5 F1 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2009-07-26
New Economics Papers: this item is included in nep-cmp
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: A 'Live' Version of the HOS Model with Interventions (2009)
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