The Product Cycle Hypothesis and The Heckscher-Ohlin-Samuelson Theory of International Trade
نویسندگان
چکیده
منابع مشابه
Heckscher–ohlin Trade Theory
Eli Heckscher (1919) and Bertil Ohlin (1933) laid the groundwork for substantial developments in the theory of international trade by focusing on the relationships between the composition of countries’ factor endowments and commodity trade patterns as well as the consequences of free trade for the functional distribution of income within countries. From the outset general equilibrium forms of a...
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This paper estimates for 28 product groups a characteristic parameter that reflects the topological structure of its trading network. Using these estimates, it then describes how the structure of international trade has evolved during during the 19802000 period. Thereafter, it demonstrates the importance of networks in international trade by explicitly accounting for their scaling properties wh...
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The large volume of intra-industry trade is often cited as a critical element favoring trade theories based on increasing returns and imperfect competition over those with constant returns and perfect competition. The former provide an elegant account of intra-industry trade, while the latter, it is often argued, cannot. This paper provides an account of intra-industry trade based squarely on c...
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ژورنال
عنوان ژورنال: Journal of Economic Integration
سال: 1989
ISSN: 1225-651X,1976-5525
DOI: 10.11130/jei.1989.4.1.5