IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-02883-2_8.html
   My bibliography  Save this book chapter

International Factor Mobility

In: A Generalized Theory of International Trade

Author

Listed:
  • H. Peter Gray

Abstract

Somewhat paradoxically, a theory of international trade should offer a set of basic analytical tools that will constitute a frame of reference for the analysis of the international movement of factors of production as well as of commodities and services. The argument that underlies this contention is the analogue of that which ranked the Heckscher-Ohlin theory above the Ricardian doctrine: that a theory of international trade should examine the effects of trade not only upon commodity prices, output and consumption but should also relate the effects of trade back to factor markets and prices and to income distribution. But there is an additional consideration. Factor movements have taken place on a very large scale since World War II and, in the process, have importantly affected the factor endowments of trading nations. In this sense, the analysis of international trade in commodities cannot be examined except in conjunction with an understanding of the international movements of factors of production. It should be a theory of international resource allocation rather than a simple theory of international trade.

Suggested Citation

  • H. Peter Gray, 1976. "International Factor Mobility," Palgrave Macmillan Books, in: A Generalized Theory of International Trade, chapter 8, pages 134-142, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-02883-2_8
    DOI: 10.1007/978-1-349-02883-2_8
    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:978-1-349-02883-2_8. 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.