Asymmetric adjustment costs in simple general equilibrium models

被引：9

作者：

Chakrabarti, A ^{[1
]}

机构：

[1] Univ Wisconsin, Dept Econ, Milwaukee, WI 53201 USA

来源：

EUROPEAN ECONOMIC REVIEW | 2004年 / 48卷 / 01期

关键词：

general equilibrium; international trade; Heckscher-Ohlin-Samuelson theory; adjustment costs; factor price determination;

D O I：

10.1016/S0014-2921(02)00258-1

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper demonstrates that the introduction of asymmetric adjustment costs in a simple general equilibrium framework establishes a meaningful link between factor price determination and output determination, breaking the analytically convenient dichotomy of the Heckscher-Ohlin-Samuelson model. The possibility of trade between seemingly similar countries that differ in their adjustment technologies is visited. (C) 2002 Elsevier B.V. All rights reserved.

引用

页码：63 / 73

页数：11

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