A factor endowment theory of international trade under imperfect competition and increasing returns |
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Authors: | Kenji Fujiwara Koji Shimomura |
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Affiliation: | GSE, Kobe University; RIEB, Kobe University |
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Abstract: | Abstract. Constructing a two‐good (competitive and imperfectly‐competitive goods), two‐primary factor (capital and labor) and two‐country model of international trade where the imperfectly‐competitive sector is subject to increasing returns to scale, we establish an oligopolistic version of the Heckscher‐Ohlin theorem. JEL classification: F10, F12 |
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