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Trade and factor returns: Empirical evidence from U.S. economy

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TLDR
In this article, the elasticity of substitution is used to calibrate the impact of various exogenous changes by simply estimating the elasticities of substitution for any number of sectors, and the results are consistent with the theory.
About
This article is published in International Review of Economics & Finance.The article was published on 2012-01-01. It has received 5 citations till now. The article focuses on the topics: Elasticity of substitution & Commodity (Marxism).

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The Double Dividend hypothesis in a CGE model: Specific factors and the carbon base ☆

TL;DR: This paper examined the role played by specific factors in the production of energy goods and provided support for the existence of a strong double-dividend in Australia when revenue is recycled through reductions in consumption taxes.
Journal ArticleDOI

Multi-sector specific factors model with two mobile factors

TL;DR: In this paper, the authors extend the specific factors model to the study of relative wages by considering a multi-industry model with skilled and unskilled labor as the only mobile factors.
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The IA-CEPA and sector adjustments: A specific-factors model of production

TL;DR: In this paper, the authors used the Specific Factors model of production to estimate the magnitude of changes in output and payment to factors of production in the context of the Indonesia-Australia Comprehensive Economic Partnership Agreement.
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Renewable versus nonrenewable energy for Canada in a free trade agreement with China

TL;DR: In this paper, the adjustments in energy sources in Canada entering a free trade agreement FTA with China in an applied specific factors model including agriculture, manufacturing, services, and non-renewable energy sectors are predicted.
Journal ArticleDOI

Renewable versus nonrenewable energy for Canada in a free trade agreement with China

- 01 Jan 2022 - 
TL;DR: In this paper , the adjustments in energy sources in Canada entering a free trade agreement FTA with China in an applied specific factors model including agriculture, manufacturing, services, and non-renewable energy sectors are predicted.
References
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Journal ArticleDOI

Capital-labor substitution and economic efficiency

TL;DR: In this article, the authors proposed a method to improve the quality of the service provided by the service provider by using the information of the user's interaction with the provider and the provider.

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.
Posted Content

Endogenous Tariff Formation.

TL;DR: In particular, the dependence of actual tariff rates on factor-ownership distribution, voter eligibility and participation rules, and the degrees of factor mobility and industry diversification in the economy is analyzed in this article.
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International Trade and American Wages in the 1980s: Giant Sucking Sound or Small Hiccup?

TL;DR: In the United States, the average real hourly compensation has not yet matched its historic track record of doubling every thirty-six years as mentioned in this paper, and has actually declined to $7.43 by 1992, the lowest level since the late 1960s.
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