Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962467 | Journal of International Economics | 2014 | 12 Pages |
Abstract
We introduce a simple but flexible analytical framework in which both trade in goods and trade in tasks arise. We use this framework to provide versions of the gains-from-trade and the famous four HO theorems (Heckscher-Ohlin, factor-price-equalisation, Stolper-Samuelson, and Rybczynski) that apply to this environment. We extend our framework to accommodate monopolistic competition and two-way offshoring and to integrate theoretical results of the early offshoring literature.
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Authors
Richard Baldwin, Frédéric Robert-Nicoud,