Marshallian stability and long-run equilibrium in the theory of international trade with factor market distortions and variable returns to scale

DOI10.1016/0165-1765(90)90153-RMaRDI QIDQ1676715zbMATH OpenFDO

Authors Toyonari Ide, Akira Takayama

Publication date 9 November 2017

Published in Economics Letters (Search for Journal in Brave)

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) General equilibrium theory (91B50)

Recommendations

• Marshallian stability, long-run equilibrium and the pattern of specialization under factor-market distortions in the pure theory of international trade
• Scale economies, perverse comparative statics results, the Marshallian stability and the long-run equilibrium for a small open economy
• Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
• Variable returns to scale and the global correspondence principle in the theory of international trade
• Trade and indeterminacy in a dynamic general equilibrium model

Cites work

• Decreasing Costs in International Trade and Frank Graham's Argument for Protection
• Marshallian stability, long-run equilibrium and the pattern of specialization under factor-market distortions in the pure theory of international trade
• Production Externalities, Variable Returns to Scale, and the Theory of Trade
• Scale economies, perverse comparative statics results, the Marshallian stability and the long-run equilibrium for a small open economy
• Variable Returns to Scale in General Equilibrium Theory
• Variable returns to scale and international trade: two generalizations

Cited in

(3)

• Variable returns to scale and the global correspondence principle in the theory of international trade
• Marshallian stability, long-run equilibrium and the pattern of specialization under factor-market distortions in the pure theory of international trade
• Scale economies, perverse comparative statics results, the Marshallian stability and the long-run equilibrium for a small open economy

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