Factor bias, sector bias, and the effects of technical progress on relative factor prices

• 成果类型: Article
• 署名作者: Xu, B
• 署名单位: State University System of Florida; University of Florida
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(00)00089-1
• 发表日期: 2001
• 页码: 5-25
• 关键词: Heckscher-Ohlin; factor prices; technical change; factor bias; sector bias

摘要

The effects of technical progress on relative factor prices in the two-country, two-good, two-factor Heckscher-Ohlin model are investigated. Technical progress is classified according to factor-augmenting bias, factor-using bias, and sector bias. A complete set of relations between technical progress parameters and relative factor prices, depending on the elasticities of substitution in demand and in production, are worked out. The relative importance of factor bias and sector bias of technical change in determining relative factor prices are examined. (C) 2001 Elsevier Science B.V. All rights reserved.