Search results for "Heckscher-Ohlin model"

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Structural change in a Ricardian world economy: The role of extensive rent

2019

Abstract We study an implication of the Ricardian theory of differential extensive rent in a free trade regime. To this effect we develop a Ricardian two country two commodity open economy model. We assume that, unlike labour, land is heterogeneous both within and across countries and that the ratio of high to low quality land is different among the trading countries. By means of a numerical example we show that as the process of worldwide capital accumulation (and population growth) proceeds an industrial country may find it convenient to increase its domestic corn production and even reverse completely the pattern of its imports and exports.

Capital accumulation; Heckscher-Ohlin model; International trade; Ricardian economics; Structural change; Economics and EconometricsEconomics and EconometricsCapital accumulation International trade Structural change Ricardian economics Heckscher-Ohlin modelHeckscher-Ohlin model0211 other engineering and technologies02 engineering and technologyMonetary economicsHeckscher–Ohlin modelInternational tradeWorld economyCapital accumulation0502 economics and businessEconomicsStructural changePopulation growthOpen economy021108 energy050207 economicsSettore SECS-P/01 - Economia PoliticaFree trade05 social sciencesRicardian economicsRicardian economicsCapital accumulationSettore SECS-P/04 - Storia Del Pensiero EconomicoCommodity (Marxism)
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The Long-Term Patterns of Regional Income Inequality in Spain, 1860–2000

2013

This paper studies the evolution of Spanish regional inequality from 1860 to 2000. The results point to the coexistence of two basic forces behind changes in regional economic inequality: differences in economic structure and labor productivity across regions. In the Spanish case, the initial expansion of industrialization during the period 1860-1900, in a context of growing economic integration of regions, promoted the spatial concentration of manufacturing in certain regions, which also benefited from the greatest advances in terms of labor productivity. Since 1900 and until 1985, the diffusion of manufacturing and services production to a greater number of locations generated the emulati…

EstimationInequalitymedia_common.quotation_subjectHeckscher-Ohlin ModelGeneral Social SciencesConvergence (economics)Industrializationjel:N94jel:N93Gross domestic productNew economic geographyIncome inequality metricsEconomyIncome distributionEconomicsmedia_common.cataloged_instanceDemographic economicsMarket integrationjel:R11European unionProductivityGeneral Environmental Sciencemedia_commonRegional Studies
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