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The Heckscher-Ohlin-Vanek theorem with quasi-homothetic preferences

✍ Scribed by Johan Torstensson

Book ID
116101788
Publisher
Elsevier Science
Year
1993
Tongue
English
Weight
190 KB
Volume
41
Category
Article
ISSN
0165-1765

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This paper demonstrates the importance of accounting for absorption of inputs in a model of factoraugmenting international productivity differences when examining the consistency of international factor price differences with the Heckscher-Ohlin-Vanek (HOV) theorem. It is shown that the absence of s