Appendix to Chapter 3

Giancarlo Gandolfo

Chapter Chapter 19 in International Trade Theory and Policy, 2014, pp 429-449 from Springer

Abstract: Abstract Let $$A = f_{A}(L_{A},K_{A})$$ and $$B = f_{B}(L_{B},K_{B})$$ be the aggregate production functions (twice continuously differentiable) of the two commodities, where $$L_{A} + L_{B} = L$$ (the total amount of labour existing in the economy) and $$K_{A} + K_{B} = K$$ (the total amount of capital existing in the economy).

Keywords: Equilibrium Point; Factor Price; Expenditure Function; Differential Equation System; Transformation Curve (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/978-3-642-37314-5_19

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