Title
A Modified Heckscher-Ohlin Theorem under Quasi-Linear Utility Functions
Abstract
Constructing a two-country, two-good, two-factor model of international trade under quasi-linear utility functions, we obtain a Modified Heckscher-Ohlin (MHO) Theorem that relates the trade pattern to the international distribution of factor endowments. We also show that the MHO Theorem survives imperfect competition and increasing returns.
Kenji FUJIWARA
GSE, Kobe University
Koji SHIMOMURA
Research Institute for Economics and Business
Administration
Kobe University
Rokkodai-cho, Nada-ku, Kobe
657-8501
Japan
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