Factor market distortions and the gains from trade
The aim of the present study is to provide a rigorous static and comparative statics analysis of a two-factor, two-commodity model of an open economy, which is characterized by a distortion in the factor market. The presence of the distortion causes an inefficient allocation of factors of production...
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| Language: | English |
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University of British Columbia
2011
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| Online Access: | http://hdl.handle.net/2429/36493 |