EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 9
... abundant factor and import the goods that use intensively its scarce fac- tor . An increase in the price of any good causes an increase in the real return to the factor used intensively in producing that good , and a fall in the real ...
... abundant factor and import the goods that use intensively its scarce fac- tor . An increase in the price of any good causes an increase in the real return to the factor used intensively in producing that good , and a fall in the real ...
Page 16
... factor endowments.2 Britain was capital abundant and had an edge in capital - intensive industries such as semi- and coarse manufactures ( yarn , iron ) . Lagging continental Europe was capital scarce and maintained an advantage in ...
... factor endowments.2 Britain was capital abundant and had an edge in capital - intensive industries such as semi- and coarse manufactures ( yarn , iron ) . Lagging continental Europe was capital scarce and maintained an advantage in ...
Page 19
... abundant factor , and pressed for free trade . The rest of the continent , however , experienced another restoration of autocratic rule . Protectionist bourgeoisies in Germany progressively lost the ground conquered in 1848 to the ...
... abundant factor , and pressed for free trade . The rest of the continent , however , experienced another restoration of autocratic rule . Protectionist bourgeoisies in Germany progressively lost the ground conquered in 1848 to the ...
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Common terms and phrases
19th century absolutist monarchies abundant factor access to foreign Arpád SZAKOLCZAI Austrian empire Author Title autocracies autocratic basis of factor Britain capital abundant cartels Charles Kindleberger classes of producers coalitions comparative advantages competitive democracy constitutional monarchies consumers continent Convergence and Free convergence on trade Daniel VERDIER democratic convergence Denmark engage in intra-industry EUI Working Papers European Community European University Institute export factor endowments firms foreign markets France free trade GATT Germany Giandomenico MAJONE Heckscher-Ohlin Heckscher-Ohlin model industry inter-industry type International Trade intra-industry trade Italy Joanne Gowa K-rich labor liberal ideology logrolling democracy LOW TRADE FLOWS manufactures mid-century Netherlands Norway OECD countries Political presence of scale product specialization protection protectionist regime convergence regime divergence regime types regimes empower Robert Gilpin Russia scale economies scarce factors Similar regimes simultaneous Social subsidies Sweden Switzerland tariffs technological tion trade liberalization trade openness trade policy trade type trend United University Press wealth effects