Journal article icon

Journal article

Factor content functions and the theory of international trade

Abstract:

This paper introduces the concepts of direct and indirect factor trade utility functions and uses them to derive Marshallian and Hicksian factor content functions, which express the quantities of factors of production embodied in net imports as functions of the exogenous variables facing the economy. The properties of these functions are discussed and they are used to derive a number of new results. In particular, it is shown that, in certain circumstances, the existence of gains from trade i...

Expand abstract
Publication status:
Published
Peer review status:
Peer reviewed

Actions


Authors


More by this author
Institution:
University of Oxford
Division:
SSD
Department:
Economics
Research group:
Industrial Economics
Oxford college:
Merton College
Role:
Author
More by this author
Institution:
University of Konstanz, Germany
Role:
Author
Publisher:
Review of Economic Studies Ltd
Journal:
Review of economic studies
Volume:
53
Issue:
3
Pages:
421-432
Publication date:
1986-07-01
ISSN:
0034-6527
Language:
English
Keywords:
Subjects:
UUID:
uuid:3cbe15f6-0a92-4b6c-a873-fd71f9ad5f41
Local pid:
ora:2212
Deposit date:
2008-07-23

Terms of use


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP