Premium
A factor endowment theory of international trade under imperfect competition and increasing returns
Author(s) -
Fujiwara Kenji,
Shimomura Koji
Publication year - 2005
Publication title -
canadian journal of economics/revue canadienne d'économique
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 69
eISSN - 1540-5982
pISSN - 0008-4085
DOI - 10.1111/j.0008-4085.2005.00280.x
Subject(s) - factor endowment , economics , endowment , imperfect competition , oligopoly , returns to scale , imperfect , competition (biology) , comparative advantage , capital (architecture) , microeconomics , perfect competition , new trade theory , capital good , international trade , international economics , trade barrier , production (economics) , cournot competition , history , ecology , philosophy , linguistics , archaeology , epistemology , public good , biology
. 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