Heckscher-Ohlin theorem

GPTKB entity

Statements (25)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:assumes perfect competition
constant returns to scale
identical technology across countries
no transportation costs
factors of production are mobile within countries
factors of production are immobile between countries
gptkbp:criticizedFor gptkb:Leontief_paradox
gptkbp:describes relationship between countries' factor endowments and trade patterns
gptkbp:field international economics
https://www.w3.org/2000/01/rdf-schema#label Heckscher-Ohlin theorem
gptkbp:influenced modern trade theory
gptkbp:proposedBy gptkb:Bertil_Ohlin
gptkb:Eli_Heckscher
gptkbp:publishedIn gptkb:Interregional_and_International_Trade
gptkbp:relatedTo gptkb:Rybczynski_theorem
gptkb:Stolper-Samuelson_theorem
gptkb:factor_proportions_theory
gptkbp:state a country exports goods that use its abundant factors intensively
a country imports goods that use its scarce factors intensively
gptkbp:yearProposed 1933
gptkbp:bfsParent gptkb:Eli_Heckscher
gptkb:Heckscher-Ohlin_model
gptkb:Leontief_paradox
gptkbp:bfsLayer 6