Productivity Differences, World-Market Shares and Conflicting National Interest in Linear Trade Models  

Oleh:

Baumol, William J. ; Gomory, Ralph E.

Jenis: Article from Bulletin/Magazine
Dalam koleksi: JAPAN AND THE WORLD ECONOMY vol. 9 no. 2 (1997), page 123-150.
Topik: TRADES; productivity; world - market shares; national interests; linear trade

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ47.7 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

We discuss the classical linear model of international trade. We show that many of the results of the scale economies models carry over to the linear case, notably the critical role of share of world output, and the resulting conflict in the interests of trading partners. We use the linear one - input production functions e (ij) l (ij) and Cobb - Douglas utility. We fix the labor force sizes L (j), the demand parameters d (ij) of the two countries and n, the number of industries. We discuss the equilibrium outcomes of the family of models obtained by varying the productivity coefficients e (ij) subject to maximal productivity condition e(ij) e (ij) (max).

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