A general-equilibrium re-appraisal of the Stolper-Samuelson theorem.

DOI10.1007/BF01231486MaRDI QIDQ1601954zbMATH OpenOpenAlexFDO

Authors Wen Li Cheng, Xiaokai Yang, Jeffrey D. Sachs

Publication date 6 October 2002

Published in Journal of Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01231486

zbMATH Keywords

equilibriumHeckscher-Ohlin modelStolper-Samuelson's prediction

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Review text

The authors show that the Stolper-Samuelson's prediction does not always hold in the Heckscher-Ohlin model when changes in production parameters lead to changes in prices, or when the general equilibrium jumps from one structure to another.

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Cites work

• Excess demand functions

Cited in

(8)

• A general equilibrium analysis of the Laffer argument
• A remark on Samuelson's variational principle in economics
• Rybczynski's diagram and the Stolper/Samuelson theorem
• scientific article; zbMATH DE number 3908119 (Why is no real title available?)
• A Geometric Approach to the Stolper-Samuelson Theorem
• HETEROGENEOUS CAPITAL GOODS AND THE HARROD–BALASSA–SAMUELSON EFFECT
• The Heckscher-Ohlin-Vanek theorem and international factor price differences
• The Stolper-Samuelson theorem under decreasing returns to scale

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