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International Transfer of Localized Technology and Factor Income in the Ricardo-Viner Trade Model

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  • Kaz Miyagiwa

Abstract

The implications of transferring a superior technology, localized a t foreign factor proportions, are examined within the context of the Ricardo-Viner model. The author shows that such a technology transfer decreases the wage rate and labor demand in the recipient country, a s well as affecting significantly other properties of the Ricardo-Viner model. For instance, the neoclassical ambiguity concerning the effec t on the real wage of a change in the relative commodity price disappears, and an increase i n a factor endowment need no longer depress the price of the expanding factor.

Suggested Citation

  • Kaz Miyagiwa, 1988. "International Transfer of Localized Technology and Factor Income in the Ricardo-Viner Trade Model," Canadian Journal of Economics, Canadian Economics Association, vol. 21(4), pages 736-746, November.
    • Handle: RePEc:cje:issued:v:21:y:1988:i:4:p:736-46
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    Cited by:

    1. Ali Mohaghar & Abbas Monawarian & Hamid Raassed, 2012. "Evaluation of technology transfer strategy of petrochemical process," The Journal of Technology Transfer, Springer, vol. 37(4), pages 563-576, August.

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