KCI등재
학술저널
The Welfare Effect of Changes in Factor Intensities
The Welfare Effect of Changes in Factor Intensities
- Yeong Her Yeh
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제5권 제2호
- 등재여부 : KCI등재
- 1990.09
- 51 - 56 (6 pages)
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.