Abstract

The two-sector production model is generalized to accommodate any degree of mobility in the two factors. The model provides a convenient framework for exploring the manner in which factor mobilities interact with factor intensities in resolving a number of basic issues in neoclassical trade theory. Particular emphasis is placed on determining the importance of absolute mobility when the two factors are equally mobile, and of the size of the mobility differential when factor intensities are equal across sectors.

Original languageEnglish (US)
Pages (from-to)19-26
Number of pages8
JournalJournal of International Economics
Volume15
Issue number1-2
DOIs
StatePublished - 1983

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Factor mobility
General equilibrium model
Factors
Factor intensity
Trade theory

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

Factor mobility and the general equilibrium model of production. / Hill, John; Mendez, Jose.

In: Journal of International Economics, Vol. 15, No. 1-2, 1983, p. 19-26.

Research output: Contribution to journalArticle

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