Integrated equilibrium in a Heckscher-Ohlin-Ricardo model
Kwok Tong Soo ()
No 570284, Working Papers from Lancaster University Management School, Economics Department
Abstract:
This paper shows that, unlike in the Heckscher-Ohlin model, the integrated equilibrium in the Davis (1995) Heckscher-Ohlin-Ricardo model depends crucially on demand patterns. The area defining the integrated equilibrium is smaller, the greater is the weight placed by consumers on the good that has different technologies across countries.
Keywords: International trade; Heckscher-Ohlin; Ricardian; integrated equilibrium. (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:lan:wpaper:570284
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