Download This PaperResource-Allocation Advantage and International Trade: A Two-Factor Model
32 Pages Posted: 14 Feb 2013 Last revised: 26 Feb 2013
Date Written: May 30, 2007
Abstract
This paper presents a trade model to study resource-allocation advantage in a two-factor framework. Nations which have resource-allocation advantage obtain additional gains from trade compared to the circumstances when such advantage is absent. Trade equilibrium is established.
Keywords: Resource-allocation advantage, gains from trade, two-factor model
JEL Classification: C62, C7, F11
Suggested Citation: Suggested Citation
Yu, Peng, Resource-Allocation Advantage and International Trade: A Two-Factor Model (May 30, 2007). Available at SSRN: https://ssrn.com/abstract=2216960 or http://dx.doi.org/10.2139/ssrn.2216960
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