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MORE ON THE FACTOR‐PRICE EQUALISATION THEOREM *
Author(s) -
Ford J. L.
Publication year - 1966
Publication title -
kyklos
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 58
eISSN - 1467-6435
pISSN - 0023-5962
DOI - 10.1111/j.1467-6435.1966.tb02504.x
Subject(s) - commodity , factor (programming language) , factor price , economics , mathematical economics , econometrics , mathematics , microeconomics , computer science , finance , programming language
SUMMARY This paper was concerned with giving a fuller discussion of the factor‐price equalisation theorem in a three‐commodity two‐factor model and with giving a different ‘proof of it. The Appendix considered a more tentative issue: the factor‐price equalisation theorem in a three‐factor two‐commodity model. It was suggested that in certain conditions it would be seen that factor‐price equalisation was possible.