학술저널
The Welfare Effect of Changes in Factor Intensities
The Welfare Effect of Changes in Factor Intensities
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제5권 제2호
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1990.0951 - 56 (6 pages)
- 0
This paper attempts to show the welfare effect of changes in factor intensities. The standard two output-two input trade model is used. The welfare of a country could increase, decrease or remain constant after a change in the factor intensities of an industry. The outcome depends on the factor prices which prevail in the country when the change in factor intensities takes place.
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