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![]() Review of Development EconomicsVolume 5 Issue 2, Pages 205 - 210 Published Online: 17 Dec 2002 © 2010 Blackwell Publishing Ltd
Abstract | Full Text: PDF (Size: 108K) | Related Articles | Citation Tracking Factor Price Equalization when the World Equilibrium is not Unique Copyright Blackwell Publishers Ltd 2001 ABSTRACTIt is shown that, whatever the multiplicity of the integrated world equilibrium, (i) factor prices are equalized if and only if the distribution of primary factors between trading countries can be represented by a point in or on the boundary of a certain convex subset of R |
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