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The volume of trade in the smallest Heckscher-Ohlin model

Soo, K T (2005) The volume of trade in the smallest Heckscher-Ohlin model. Working Paper. The Department of Economics, Lancaster University.

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    Abstract

    This paper develops the smallest model of international trade based on differences in factor endowments across countries. We use this model to clarify the result in Helpman and Krugman (1985) that relative country size does not matter for the volume of trade. Relative country size does matter for the volume of trade, holding relative endowments and the size of the world economy constant.

    Item Type: Monograph (Working Paper)
    Uncontrolled Keywords: International trade ; Heckscher-Ohlin ; trade volume.
    Subjects:
    Departments: Lancaster University Management School > Economics
    ID Code: 48801
    Deposited By: ep_importer_pure
    Deposited On: 11 Jul 2011 22:13
    Refereed?: No
    Published?: Published
    Last Modified: 27 Jul 2012 01:15
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/48801

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