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Heckscher-Ohlin theory when countries have different technologies

Eric Fisher

International Review of Economics & Finance, 2011, vol. 20, issue 2, 202-210

Abstract: Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how to make the proper adjustments for international productivity differences. The central tool is a factor conversion matrix that computes the local factor content of foreign Rybczynski effects. Factor-specific productivities are a special case of these more general linear relationships.

Keywords: International; trade; Factor; prices; Rybczynski; effects (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:20:y:2011:i:2:p:202-210

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