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The Impossibility of Global Absolute Advantage in the Heckscher-Ohlin Model of Trade

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  • Kemp, Murray C
  • Shimomura, Koji

Abstract

If all firms are well informed and rational, it is not possible for a country to be more efficient than all other countries in producing an y particular commodity. For if a country were uniformly more efficient than other countries, it would have an incentive to share its superio r technology with them. Copyright 1988 by Royal Economic Society.

Suggested Citation

  • Kemp, Murray C & Shimomura, Koji, 1988. "The Impossibility of Global Absolute Advantage in the Heckscher-Ohlin Model of Trade," Oxford Economic Papers, Oxford University Press, vol. 40(3), pages 575-576, September.
  • Handle: RePEc:oup:oxecpp:v:40:y:1988:i:3:p:575-76
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    Cited by:

    1. Sugata Marjit & Hamid Beladi, 2009. "Is Trade In Technology Superior To Trade In Goods?," Bulletin of Economic Research, Wiley Blackwell, vol. 61(2), pages 195-200, April.
    2. Ronald W. Jones & Roy J. Ruffin, 2018. "The Technology Transfer Paradox," World Scientific Book Chapters, in: International Trade Theory and Competitive Models Features, Values, and Criticisms, chapter 3, pages 31-46, World Scientific Publishing Co. Pte. Ltd..
    3. Bruce Elmslie & William Milberg, 1992. "International trade and factor intensity uniformity: An empirical assessment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 128(3), pages 464-486, September.

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