Distribution of world income in the Ricardo-Mill model of international trade |
| |
Authors: | JM Hartwick |
| |
Institution: | Queen''s University, Kingston, Ontario, Canada |
| |
Abstract: | Changes in the distribution of world income and relative welfare in response to exogenous changes in country size are investigated in a two country many commodity Ricardo-Mill model of international trade. This inquiry was opened by Dornbusch, Fischer and Samuelson for the case of a continuum of commodities. Attention here is focused on the two and three commodity cases and how the production possibility set changes as commodities become neighbors in the continuum. |
| |
Keywords: | |
本文献已被 ScienceDirect 等数据库收录! |
|