Autori
Koska, Onur A.
Stahler, Frank

Titolo
Factor price differences in a general equilibrium model of trade and imperfect competition
Periodico
Research in economics
Anno: 2015 - Volume: 69 - Fascicolo: 2 - Pagina iniziale: 248 - Pagina finale: 259

Except for the famous Dornbusch–Fischer–Samuelson (DFS) models, most general equilibrium models of trade rely on factor price equalization. The DFS models demonstrate the gains from trade without factor price equalization under perfect competition. This paper employs a general equilibrium model of oligopolistic competition which implies distortions both at the intensive and extensive margin. If factor prices do not equalize, imperfect competition will not reverse the specialization pattern. However, mutual gains from trade are not guaranteed, but one country may be worse off by trade.



SICI: 1090-9443(2015)69:2<248:FPDIAG>2.0.ZU;2-L
Testo completo: http://ac.els-cdn.com/S1090944315000071/1-s2.0-S1090944315000071-main.pdf?_tid=1dbebad4-5558-11e5-aab0-00000aacb35e&acdnat=1441627445_ee2ba764b502f1919e5088d6693eb2de

Esportazione dati in Refworks (solo per utenti abilitati)

Biblioteche ACNP che possiedono il periodico