Trade and tradability: exports, imports, and factor markets in the Salter-Swan model
We extend the Salter-Swan model to include both factor markets and semi-traded goods. In our model, changes in relative factor prices depend on changes in world commodity prices, factor endowments, and the trade balance. In contrast, only changes in world commodity prices can affect factor prices in...
| Main Authors: | , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2002
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/156690 |
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