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Rybczynski's Diagram and the Stolper/Samuelson Theorem

In: International Trade and Economic Dynamics

Author

Listed:
  • Ronald W. Jones

    (University of Rochester)

Abstract

In his famous 1955 article, Rybczynski used the familiar production box diagram in order to prove, correctly, the theorem that bears his name. However, the construction he used also suggests that the dual theorem, the Stolper-Samuelson theorem, is incorrect. The problem is that the isoquants in the box diagram were not homothetic to such a degree as to yield false Stolper-Samuelson results.

Suggested Citation

  • Ronald W. Jones, 2009. "Rybczynski's Diagram and the Stolper/Samuelson Theorem," Springer Books, in: Takashi Kamihigashi & Laixun Zhao (ed.), International Trade and Economic Dynamics, pages 9-12, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-78676-4_3
    DOI: 10.1007/978-3-540-78676-4_3
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    Cited by:

    1. Yano, Makoto, 2021. "Professor Ronald W. Jones and his influence on Asia Pacific economics," Journal of Asian Economics, Elsevier, vol. 77(C).

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