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Factor Proportions, Trade, and Growth
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Factor Proportions, Trade, and Growth Hardcover - 1995

by Ronald Findlay


From the publisher

In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously.

The standard version of the Heckscher-Ohlin model of international trade treats the factors of production--land, labor, and capital--as essentially analytically similar and symmetrical. In these six essays Ronald Findlay explores modifications to the factor proportions model, looking in particular at what happens when human capital and land use are allowed to vary endogenously.Findlay extends the factor proportions theory of international trade to consider capital accumulation, income distribution, and factor mobility in a growing world economy. Among the questions he addresses are such fundamental issues as the conditions under which international trade equalizes the rate of interest; the effects of learning and invention on economic growth and comparative advantage; the role of human capital and skill formation in determining patterns of comparative advantage and the reciprocal effect of international trade on these variables through its impact on wage differentials between skilled and unskilled workers; the incorporation of new territories into a trading system by extensions of the frontier and labor migration as in the establishment of the Atlantic economy of the nineteenth century; and the impact of reductions in transport costs of industrial raw materials on global patterns of manufacturing activity and comparative advantage.The Ohlin Lectures

Details

  • Title Factor Proportions, Trade, and Growth
  • Author Ronald Findlay
  • Binding Hardcover
  • Pages 192
  • Volumes 1
  • Language ENG
  • Publisher MIT Press
  • Date 1995-06
  • ISBN 9780262061759 / 0262061759
  • Weight 0.79 lbs (0.36 kg)
  • Dimensions 8.14 x 5.52 x 0.67 in (20.68 x 14.02 x 1.70 cm)
  • Ages 18 to UP years
  • Grade levels 13 - UP
  • Library of Congress subjects Economic development, Comparative advantage (International trade)
  • Library of Congress Catalog Number 94-47974
  • Dewey Decimal Code 382

About the author

Ronald Findlay is Ragnar Nurkse Professor of Economics at Columbia University.

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Factor Proportions, Trade, and Growth
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Factor Proportions, Trade, and Growth

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Factor proportions, trade, and growth.

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Factor Proportions, Trade, and Growth (Ohlin Lectures)
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Factor Proportions, Trade, and Growth (Ohlin Lectures)

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