| dc.creator |
Becker, Daniel Thomas |
|
| dc.creator |
Gundlach, Erich |
|
| dc.date |
2006 |
|
| dc.date.accessioned |
2013-10-16T06:18:32Z |
|
| dc.date.available |
2013-10-16T06:18:32Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/3902 |
|
| dc.identifier |
ppn:518929779 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/3902 |
|
| dc.description |
We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for endogenous commodity prices, we find that economic growth may increase or decrease factor price differences across cones. For a neutral demand side and capital biased growth in the most capital intensive sector, we find that economic growth encourages less factor price diversity across cones. |
|
| dc.language |
eng |
|
| dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
| dc.relation |
Kieler Arbeitspapiere 1300 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
F11 |
|
| dc.subject |
O40 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Factor price equality |
|
| dc.subject |
Economic growth |
|
| dc.subject |
Two cone trade model |
|
| dc.subject |
Faktorpreisausgleich |
|
| dc.subject |
Wirtschaftswachstum |
|
| dc.subject |
Technischer Fortschritt |
|
| dc.subject |
Bias |
|
| dc.subject |
Außenwirtschaftstheorie |
|
| dc.subject |
Theorie |
|
| dc.title |
Notes on factor price equality and biased technical change in a two-cone trade model |
|
| dc.type |
doc-type:workingPaper |
|