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Stolper-Samuelson Theorem1. The proposition of the H-O Model that a rise in the relative price of a good raises the real wage of the factor used intensively in that industry and lowers the real wage of the other factor. 2. Th [..]
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Stolper-Samuelson TheoremDefinitions (2) 1. The proposition of the Heckscher-Ohlin Model that a rise in the relative price of a good raises the real wage of the factor used intensively in that industry and lowers the real wag [..]
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Stolper-Samuelson TheoremIn some models of international trade, trade lowers the real wage of the scarce factor of production, and protection from trade raises it. That is a Stolper-Samuelson effect, by analogy to their (1941 [..]
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