Journal ArticleDOI
Partially mobile capital: A general approach to two-sector trade theory
TLDR
In this paper, the authors developed a general approach to factor mobility in two-sector, general equilibrium models and showed that the degree of capital mobility, measured by the percentage loss in efficiency that is incurred in transferring the marginal unit of capital, is an important determinant of the response of factor prices and industry outputs to changes in commodity prices and factor endowments.About:
This article is published in Journal of International Economics.The article was published on 1983-08-01. It has received 88 citations till now. The article focuses on the topics: Physical capital & Capital intensity.read more
Citations
More filters
Journal ArticleDOI
The Political Economy of International Trade : Enduring Puzzles and an Agenda for Inquiry
TL;DR: In this article, the authors take the necessary first step of summarizing the main findings of these two literatures and then suggest ways in which the issue might be joined and provide new directions for them.
Journal ArticleDOI
Endogenous Tariff Theory: A Critical Survey*
TL;DR: This article examined a recent body of research by economists which does attempt to link rational choice with explicit assumptions about economic interests in an attempt to endogenize tariff policy, and suggested that this line of research is potentially fruitful, but that greater attention needs to be given to the institutional assumptions on both the demand and supply sides of the market for political outputs.
Journal ArticleDOI
Party Discipline as a Determinant of the Endogenous Formation of Tariffs
TL;DR: In this article, the authors introduce the institutional elements of party behavior as a determinant of the endogenous formation of tariffs and develop a theoretical framework and generate a set of testable predictions.
Journal ArticleDOI
Sorting It Out: International Trade with Heterogeneous Workers
TL;DR: The authors show that the second moments of the distribution of skills are critical, as in the Roy model, for international differences in worker skill bundles have important implications for international trade, industrial structure, and domestic income distribution.
References
More filters
Posted Content
Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods -
TL;DR: In this article, a Ricardian trade and payments analysis in the case of a continuum of goods is presented, where tariffs and transport costs establish a range of commodities that are not traded, and the price-specie flow mechanism does or does not give rise to movements in relative cost and price levels.
Journal ArticleDOI
The Structure of Simple General Equilibrium Models
TL;DR: In this paper, the authors present an extended model for demand endogenous substitution, aggregate elasticity of substitution, convergence to balanced growth, and saving behavior of technology change, including the Magnification Effect.
Posted Content
Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of Goods
TL;DR: In this article, a Ricardian trade and payments analysis in the case of a continuum of goods is presented, where tariffs and transport costs establish a range of commodities that are not traded, and the price-specie flow mechanism does or does not give rise to movements in relative cost and price levels.
A Three-Factor Model in Theory, Trade and History
TL;DR: In this article, Bhagwati et al. discuss the trade, balance of payments and growth in the Indian economy, and the impact of trade on economic growth. But they do not discuss the role of trade in economic development.