Factor Price Equalization under Imperfect Competition.

B-Tier
Journal: Review of International Economics
Year: 1997
Volume: 5
Issue: 2
Pages: 153-78

Authors (2)

Kemp, Murray C Okawa, Masayuki (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The paper describes a class of imperfectly competitive world economies for which factor price equalization is inevitable. Specifically, it is shown that factor price equalization must prevail if the trading economies differ at most in scale, if they share a constant-returns no-joint-products technology, and if each oligopolistic industry produces a commodity which, directly or indirectly, is internationally tradable. Copyright 1997 by Blackwell Publishing Ltd.

Technical Details

RePEc Handle
repec:bla:reviec:v:5:y:1997:i:2:p:153-78
Journal Field
International
Author Count
2
Added to Database
2026-01-25