A Dynamic Chamberlin-Heckscher-Ohlin Model with Endogenous Time Preferences

DOI 機関リポジトリ (HANDLE) Web Site Web Site 参考文献14件 オープンアクセス
  • Iwasa Kazumichi
    Graduate School of Economics, Kobe University
  • Kikuchi Toru
    Corresponding author, Graduate School of Economics, Kobe University
  • Shimomura Koji
    Research Institute for Economics and Business Administration, Kobe University

この論文をさがす

説明

This study formulates a dynamic two-country (developed and developing countries) Chamberlin-Heckscher-Ohlin model of trade with endogenous time preferences a la Uzawa (1968). We examine the relationship between initial factor endowment differences and trade patterns in the steady state . In particular, to highlight the integration of developing countries (e.g., China) into the world trading system, we concentrate on the case of asymmetric size of two countries (in terms of population). It will be shown that (i) given that the representative household in each country supplies an equal amount of labor, only intra-industry trade occurs in the steady state irrespective of differences in the number of representative households and that (ii) the number of households being equal, the country with less labor efficiency becomes the net exporter of the capital-intensive good .

収録刊行物

参考文献 (14)*注記

もっと見る

キーワード

詳細情報 詳細情報について

問題の指摘

ページトップへ