资源描述:
《克鲁格曼国贸理论第十版课后习题答案 CH04》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库。
1、Chapter4SpecificFactorsandIncomeDistribution19Chapter4SpecificFactorsandIncomeDistributionnChapterOrganizationTheSpecificFactorsModelBox:WhatIsaSpecificFactor?AssumptionsoftheModelProductionPossibilitiesPrices,Wages,andLaborAllocationRelativePricesandthe
2、DistributionofIncomeInternationalTradeintheSpecificFactorsModelIncomeDistributionandtheGainsfromTradeThePoliticalEconomyofTrade:APreliminaryViewIncomeDistributionandTradePoliticsCaseStudy:TradeandUnemploymentInternationalLaborMobilityCaseStudy:WageConver
3、genceintheAgeofMassMigrationCaseStudy:ForeignWorkers:TheStoryoftheGCCSummaryAPPENDIXTOCHAPTER4:FurtherDetailsonSpecificFactorsMarginalandTotalProductRelativePricesandtheDistributionofIncomenChapterOverviewInChapter3,theRicardianmodeloftradewasintroducedw
4、ithlaborasthesinglefactorofproductionexhibitingconstantreturnstoscale.Althoughinformative,thismodelfailstohighlighttheobservedoppositiontofreetrade.Inthischapter,theSpecificFactorsmodelispresentedtogainabetterunderstandingofthedistributionaleffectsoftrad
5、e.Aftertrade,theexportingindustryexpands,whiletheimportcompetingindustryshrinks.Asaresult,thefactorspecifictotheexportingindustrygainsfromtrade,whilethefactorspecifictotheimportcompetingindustrylosesfromtrade.However,theaggregategainsfromtradearegreatert
6、hanthelosses.TheSpecificFactorsmodelassumesthatthereisonefactorthatismobilebetweensectors(commonlythoughtofaslabor)andproductionfactorsthatarespecifictoeachsector.Thechapterbeginswithasimpleeconomyproducingtwogoods:clothandfood.Clothisproducedusinglabora
7、nditsspecificfactor,capital.©2015PearsonEducationLimitedChapter4SpecificFactorsandIncomeDistribution19Foodisproducedusinglaboranditsspecificfactor,land.Giventhatcapitalandlaborarespecifictotheirrespectiveindustries,themixofgoodsproducedbyacountryisdeterm
8、inedbyshareoflaboremployedineachindustry.ThekeydifferencebetweentheRicardianmodelandtheSpecificFactorsmodelisthatinthelatter,therearediminishingreturnstolabor.Forexample,productionoffoodwillincreaseaslaborisadded,butgivena