IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-333-98338-6_3.html
   My bibliography  Save this book chapter

The Heckscher—Ohlin Theory

In: The Theory of International Trade

Author

Listed:
  • Branko Horvat

    (The Institute for Advanced Studies)

Abstract

The central question of foreign trade theory is how to determine the pattern of foreign trade: which commodities will be exported and imported and where. The answer provided is based on the work of two Swedish economists, Eli Filip Heckscher (1919) and Bertil Ohlin (1933). Their propositions were later formulated as the Heckscher—Ohlin Theorem (HO). Subsequently three additional theorems have been posited. These four propositions represent the core of the mainstream theory of foreign trade. Of these, two refer to comparisons between two countries (the HO theorem proper and the factor price equalization theorem). The other two deal with relationships within a single country (the Stolper—Samuelson and Rybczynski theorems). The latter two can dispense with the assumption of identical technology.

Suggested Citation

  • Branko Horvat, 1999. "The Heckscher—Ohlin Theory," Palgrave Macmillan Books, in: The Theory of International Trade, chapter 3, pages 10-23, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-333-98338-6_3
    DOI: 10.1057/9780333983386_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-333-98338-6_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.