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Factor Income Function and Oligopolistic Heckscher-Ohlin Model in Internationl Trade

Author

Listed:
  • Koji Shimomura

    (Research Institute for Economics & Business Administration (RIEB), Kobe University, Japan)

Abstract

This paper introduces a new duality concept, factor income function, in order to establish the factor Price Equalization theorem and the Heckscher-Ohlin theorem in an oligopolistic Heckscher-Ohlin model with increasing returns to scale.

Suggested Citation

  • Koji Shimomura, 1997. "Factor Income Function and Oligopolistic Heckscher-Ohlin Model in Internationl Trade," Discussion Paper Series 82, Research Institute for Economics & Business Administration, Kobe University, revised Jan 1998.
    • Handle: RePEc:kob:dpaper:82
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    Citations

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    Cited by:

    1. Kenji Fujiwara & Koji Shimomura, 2005. "A factor endowment theory of international trade under imperfect competition and increasing returns," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 38(1), pages 273-289, February.
    2. Kenji Fujiwara, 2005. "Unilateral and Multilateral Gains from Trade in International Oligopoly," The Economic Record, The Economic Society of Australia, vol. 81(255), pages 404-413, December.

    More about this item

    Keywords

    Oligopolies; Economic models; Pricing;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation

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