Journal ArticleDOI
Generalization of the stolper-samuelson theorem
Reads0
Chats0
TLDR
In this paper, the Stolper-Samuelson theorem was generalized to the n x n case and the conditions established in these theorems were then interpreted economically in terms of the generalized versions of factor intensity.Abstract:
This paper is concerned with the generalization of the Stolper-Samuelson theorem from the 2 x 2 case to the n x n case. We start by proving theorems establishing the validity of the factor price equalization theorem and the Stolper-Samuelson theorem for the n x n case. The conditions established in these theorems are then interpreted economically in terms of the generalized versions of factor intensity. It may be noted that the above results, apart from being more readily interpretable in economic terms, are of basic mathematical interest.read more
Citations
More filters
Book
Heckscher-Ohlin Trade Theory
TL;DR: Ohlin's model of the international economy is astonishingly contemporary, dealing as it does with economies of scale, factor mobility, trade barriers, nontraded goods, and balance-of-payments adjustment.
Book ChapterDOI
Chapter 3 Higher dimensional issues in trade theory
TL;DR: In this paper, the authors focus on the Heckscher-ohlin theory of international trade in higher dimensions, and the sensitivity to higher dimensions of the basic propositions of the international trade theory is the key issue for the practical relevance of the logical structure that has dominated trade theory in the past 30 years.
Journal ArticleDOI
The Relevance of the Two-Sector Production Model in Trade Theory
TL;DR: This article examined how well the basic properties of the traditional 2 × 2 model of a competitive economy, commonly used in much of the pure theory of international trade, generalize when more goods and factors are considered.
References
More filters
Book
The theory of linear economic models
TL;DR: Gale as discussed by the authors provides a complete and lucid treatment of important topics in mathematical economics which can be analyzed by linear models, including games, linear programming, and the Neumann model of growth.
Posted Content
The Theory of Linear Economic Models
TL;DR: Gale as mentioned in this paper provides a complete and lucid treatment of important topics in mathematical economics which can be analyzed by linear models, including games, linear programming, and the Neumann model of growth.
Journal ArticleDOI
The Jacobian matrix and global univalence of mappings
David Gale,Hukukane Nikaido +1 more