المستودع الأكاديمي جامعة المدينة

Do We Have to Consider International Capital Mobility in Trade Models?

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dc.creator Springer, Katrin
dc.date 2000
dc.date.accessioned 2013-10-16T06:56:58Z
dc.date.available 2013-10-16T06:56:58Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17828
dc.identifier ppn:310053145
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17828
dc.description The traditional trade theory predicts that trade in goods perfectly substitutes for direct movement of factors. This equivalence between goods trade and factor movements, however, depends crucially on assumptions about the production. This paper establishes necessary and sufficient conditions which describe the relationship between goods trade and capital mobility in a 2x2x2 trade model with internationally mobile capital. It identifies possible ways of incorporating capital mobility into a multi-regional, multi-sectoral Computable General Equilibrium framework. The consideration of capital mobility leads to other allocational and distributional outcomes of policy scenarios if there exists differences in production technologies across regions, trade impediments, or distortions in product or factor markets.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 964
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Capital Mobility
dc.subject International Trade
dc.subject Computable General Equilibrium Model
dc.subject Aussenwirtschaftstheorie
dc.subject Internationale Kapitalmobilität
dc.subject Zwei-Länder-Modell
dc.subject Mehr-Sektoren-Modell
dc.subject Allgemeines Gleichgewicht
dc.subject Internationaler Finanzmarkt
dc.subject Direktinvestition
dc.subject Theorie
dc.title Do We Have to Consider International Capital Mobility in Trade Models?
dc.type doc-type:workingPaper


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