The Relevance of the Two-Sector Production Model in Trade Theory

Dados Bibliográficos

ID10174656
AutoresRonald W Jones, José Scheinkman, Jose A Scheinkman
Ano1977
Volume85
Fascículo5
Páginas909-935
Data de publicação1977-10-01
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoJournal of Political Economy (JOURNAL)
Identificadores do periódicoISSN: 0022-3808 • E-ISSN: 1537-534X
EditoraUniversity of Chicago Press (PUBLISHER • US)
DOI10.1086/260615
OpenAlexW1989022715
IdiomaEN
Citações recebidas17
Referências citadas5

This paper examines how well the basic properties of the traditional 2 × 2 model of a competitive economy, commonly used in much of the pure theory of international trade, generalize when more goods and factors are considered. The notion of factor intensity and the Hekscher-Ohlin, Stolper-Samuelson, and Rybczynski theorems are discussed. The role played by the no-joint-production assumption as opposed to small dimensionality in the latter two results is stressed. The mathematical appendix provides a compact and formal statement of the properties discussed in the text

Curse of dimensionality · Econometrics · Economics · Factors of production · International trade · Joint (building · Mathematical economics · Microeconomics · Political science · Production (economics · Production model · Production theory · Relevance (law · Statement (logic · Trade barrier · Trade theory · Computer Science · Economic theories and models · Economic Theory and Institutions · Economic Theory and Policy