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  • 标题:Analysis of the Hecksher-Ohlin Model
  • 本地全文:下载
  • 作者:Mihaela-Carmen MUNTEAN
  • 期刊名称:Annals of Dunărea de Jos University. Fascicle I : Economics and Applied Informatics
  • 印刷版ISSN:1584-0409
  • 出版年度:2005
  • 出版社:Dunarea de Jos University of Galati
  • 摘要:The Hecksher-Ohlin theory is a theory of a long-term general balance where the two factors of production taken into account, namely work and capital, are interchangeable among the fields of activity. This theory considers that the relative advantage of each country depends on the combination of the production factors (capital, work, nature) which ensure a proportion which is comparatively or relatively higher than the more abundant factor and, therefore which may allow a production cost, which is relatively or comparatively low of the merchandise to be exported.
  • 关键词:Hecksher-Ohlin theory; relative advantage; comparative advantage; work; capital
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