Factor content functions and theory of international trade

J. Peter Neary and Albert Schweinberger

No 198311, Working Papers from School of Economics, University College Dublin

Abstract: This paper introduces the concepts of direct and indirect factor trade utility functions and uses them to derive Marshallian and Hicksian factor content functions, which express the quantities of factors embodied in variables. The properties of these functions are discussed and they are used to derive a number of new results. In particualar, it is shown that, in certain circumstances, the existence of gains from trade is necessary and sufficient for the Heckscher-Ohlin theorem to hold in its factor content form.

Keywords: Utility theory--Mathematical models; International trade; Heckscher-Ohlin principle (search for similar items in EconPapers)
Date: 1983-09
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10197/1403 First version, 1983 (application/pdf)

Related works:
Journal Article: Factor Content Functions and the Theory of International Trade (1986)
Working Paper: Factor Content Functions and the Theory of International Trade (1984)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:198311

Access Statistics for this paper

More papers in Working Papers from School of Economics, University College Dublin Contact information at EDIRC.
Bibliographic data for series maintained by Nicolas Clifton ().