Submitted manuscript, 96.8 KB, PDF document
Research output: Working paper
Research output: Working paper
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TY - UNPB
T1 - The volume of trade in the smallest Heckscher-Ohlin model
AU - Soo, K T
PY - 2005
Y1 - 2005
N2 - This paper develops the smallest model of international trade based on differences in factor endowments across countries. We use this model to clarify the result in Helpman and Krugman (1985) that relative country size does not matter for the volume of trade. Relative country size does matter for the volume of trade, holding relative endowments and the size of the world economy constant.
AB - This paper develops the smallest model of international trade based on differences in factor endowments across countries. We use this model to clarify the result in Helpman and Krugman (1985) that relative country size does not matter for the volume of trade. Relative country size does matter for the volume of trade, holding relative endowments and the size of the world economy constant.
KW - International trade
KW - Heckscher-Ohlin
KW - trade volume.
M3 - Working paper
T3 - Economics Working Paper Series
BT - The volume of trade in the smallest Heckscher-Ohlin model
PB - The Department of Economics
CY - Lancaster University
ER -