Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/8764
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dc.contributor.authorAli, Ifzal
dc.date.accessioned2010-09-17T07:02:55Z
dc.date.available2010-09-17T07:02:55Z
dc.date.copyright1980-09
dc.date.issued1980-09-17T07:02:55Z
dc.identifier.citationThe Developing Economics, September 1980, 3, pp. 298-312en
dc.identifier.urihttp://hdl.handle.net/11718/8764
dc.description.abstractThe Heckscher-Ohlin model assumes constant returns to scale, factor mobility across sectors, perfect competition in the domestic and foreign markets and no dichotomy between domestically produced and imported goods. In this framework, resource allocation is determined by factor rentals being equalized across sectors. Clearly, this implies that the model is long-run in nature and comparative advantage in this log-run nature and comparative advantage in this long-run equilibrium determines the optimal pattern of trade. The significance of this in terms of multi-sectoral model building can be seen in the context of an important contribution by Samuelson.
dc.language.isoenen
dc.titleA two level utility functuon and a stepped supply funtion in a general equilibrium model of tradeen
dc.typeArticleen
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