Factor Income Function and Oligopolistic Heckscher-Ohlin Model in International Trade
Kobe University - Research Institute for Economic and Business Administration
A1.379 WP 82
This paper introduces a new duality concept, factor income function, in order to establish the factor Price Equalization theorem and the Heckscher-Ohlin theorem in an oligopolistic Heckscher-Ohlin model with increasing returns to scale.
JEL Classification: F11; F12
Date posted: March 3, 1998