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Trade liberalisation and factor mobility: an overview

Venables, Tony (1997) Trade liberalisation and factor mobility: an overview. CEPDP (352). London School of Economics and Political Science. Centre for Economic Performance, London.

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This paper analyses the ways in which liberalisation of goods trade may change factor prices and the incentives for factor mobility. While trade liberalisation reduces the incentives for factor mobility in a Heckscher-Ohlin model, it may increase it in a specific factors model (in which there is a richer range of substitution/complementarity relationships between factors of production) and in models in which there are increasing returns to scale.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 1997 Anthony J. Venables
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HF Commerce
Date Deposited: 27 Apr 2007
Last Modified: 16 May 2024 11:20

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