作者：Baier, SL; Bergstrand, JH
作者单位：University of Notre Dame
摘要：In the 25th anniversary issue of the Brookings Papers on Economic Activity, Paul Krugman [Krugman, P, 1995. Growing world trade: Causes and consequences. Brookings Papers on Economic Activity (1), 327-377] stated that the answer to the fundamental question Why has world trade grown? remains surprisingly disputed. He noted that journalistic discussion tends to view the growth of world trade as due to technology-led declines in transportation costs, while economists argue that policy-led multila...
作者：Ruffin, RJ
作者单位：University of Houston System; University of Houston; Federal Reserve System - USA; Federal Reserve Bank - Dallas
摘要：This paper integrates the Heckscher-Ohlin, specific factors, and the Ricardian models of production with applications to international trade and labor economics. The model economy exhibits both Heckscher-Ohlin and specific factors properties, but never at the same time. In international trade, the wage skill premium across countries can move in different directions and has natural limits within countries. In labor economics, we show that the earning of economic rents is not inconsistent with c...
