Abstract
The task of extending the Stolper-Samuelson (hereafter, S-S) message of ‘product price changes necessarily create conflict between households owning different factors’ to frameworks incorporating increasing Retums or economies of scale has previously been tackled in a series of specialized models which are not capable of being generalized and where the robustness of the results have been disappointing.
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References
Cassing, J. (1981), ‘On the Relationship between Commodity Price Changes and Factor Owners’ Real Positions’, Journal of Political Economy, 89, 593–95.
Lloyd, P.J. and Schweinberger, A.G. (1988), ‘Trade Expenditure Functions and the Gains from Trade’, Journal of International Economics, 24, 275–97.
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© 1998 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Sgro, P.M. (1998). Comment. In: Arrow, K.J., Ng, YK., Yang, X. (eds) Increasing Returns and Economic Analysis. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-26255-7_27
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DOI: https://doi.org/10.1007/978-1-349-26255-7_27
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