On the existence and characterization of unequal exchange in the free trade equilibrium

DOI10.1111/MECA.12125MaRDI QIDQ4617889zbMATH OpenOpenAlexFDO

Authors Naoki Yoshihara, Soh Kaneko

Publication date 7 February 2019

Published in Metroeconomica (Search for Journal in Brave)

Full work available at URL http://www.umass.edu/economics/publications/2016-04.pdf

zbMATH Keywords

international trade modelNash bargainingunequal exchange of labor

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Trade models (91B60)

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• Existence of equilibrium in the Helpman-Krugman model of international trade with imperfect competition
• The general equilibrium effects of localised technological progress: a classical approach

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