EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 8
... specialization , with one absolutist monarchy spe- cializing in lumber , another in timber , still another in paper products , and so on , then all monarchies will benefit from , and welcome , trade . Let me develop . Economists have ...
... specialization , with one absolutist monarchy spe- cializing in lumber , another in timber , still another in paper products , and so on , then all monarchies will benefit from , and welcome , trade . Let me develop . Economists have ...
Page 10
... specialization is factor neutral , each factor of production moving from a " lost " product to a " captured " product within the boundaries of a given industry , and thus in equal proportion , given the invariance in factor endowments ...
... specialization is factor neutral , each factor of production moving from a " lost " product to a " captured " product within the boundaries of a given industry , and thus in equal proportion , given the invariance in factor endowments ...
Page 24
... specialization , and thus few wealth effects . 52 Hufbauer and Chilas compared interwar with postwar degrees of trade specialization in eight countries and found no significant increase in trade specialization . 53 Further studies ...
... specialization , and thus few wealth effects . 52 Hufbauer and Chilas compared interwar with postwar degrees of trade specialization in eight countries and found no significant increase in trade specialization . 53 Further studies ...
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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