A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2016; you can also visit the original URL.
The file type is application/pdf
.
A Note on Factor Price Equalization
2013
Business and Economics Journal
An aggregated phenomenon and its corresponding phenomenon under firm level are supposed to be analogous. For example, the aggregate growth and the growth of the firm are analogous. This paper, therefore, studies Heckscher-Ohlin theorem and factor price equalization under two firms. Identical production function does not imply identical cost function because labor abundant countries have lower wage level than capital abundant countries. The difference in cost between two countries makes factor
doi:10.4172/2151-6219.1000085
fatcat:gu4lvx7u5bemxolbr7z3hua27m