ON THE STRUCTURE OF COMPARATIVE ADVANTAGE IN A MULTIFACTOR TRADE MODEL
ON THE STRUCTURE OF COMPARATIVE ADVANTAGE IN A MULTIFACTOR TRADE MODEL
复制标题
论多要素贸易模式中的比较优势结构
DOI:
--
复制
发表时间:
1979
期刊:
影响因子:
--
通讯作者:
J. Moroney
中科院分区:
文献类型:
--
作者:
Y. Horiba;J. Moroney
The theoretical structure of a two-country, two-factor, two commodity Heckscher-Ohlin trade model is widely known. Factor-price equalization, the Stolper-Samuelson theorem, and the Rybczynski theorem may be deduced as its major corollaries. Jones, in his seminal contribution [1956-1957], summarized this structure and extended the model to include additional commodities. In his two-factor, n-commodity model, Jones proposed that (1) the ranking of commodities according to their capital-labor ratios is precisely their ranking by order of comparative advantage, and (2) demand conditions merely divide this chain into exportable goods on one side and importable goods on the other.2 A basic theoretical question, however, has remained unanswered thus far: Under what circumstances in a two-country, many commodity model, in which there are three or more factors of production, and in which factor prices are not equalized internationally (due to, say, transport costs), is a chain of comparative advantage unambiguously determinate on the basis of factor proportions employed in production? For the purpose of exploring this question, we employ the usual assumptions of the Heckscher-Ohlin trade model. In particular, they include (i) each good is produced according to a linearly homogeneous production function common to both countries; (ii) production functions are characterized by strong factor intensity; (iii) inputs are of homogeneous quality across countries; (iv) inputs