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Author:Batra, R. N.
Belady, H.
Title:Specific factors, unemployment and trade theory
Journal:Weltwirtschaftliches Archiv
1988 : VOL. 124:3, p. 435-444
Index terms:OPEN ECONOMY
MATHEMATICAL MODELS
UNEMPLOYMENT
Language:eng
Abstract:The paper investigates a two-country, two-sector, factor specific model of international trade under the assumption of general unemployment. In one of the sectors land is also a specific factor - beyond capital and labour. The model demonstrates that protection of land- using industries increases unemployment.
SCIMA record nr: 69155
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