The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
The Leontief Paradox, Reconsidered
Abstract
Using the Heckscher-Ohlin-Vanek model of trade, it is shown that a country is revealed to be relatively well endowed in capital compared with labor if and only if one of the following three conditions holds, where K"x, K"m, L"x, L"m, K"c, L"c are capital and labor embodied in exports, imports, and consumption: (a) K"x - K"m > 0, L"x - L"m < 0; (b) K"x - K"m > 0, L"x - L"m > 0, (K"x - K"m)/(L"x - L"m) > K"c/L"c; (c) K"x - K"m < 0, L"x - L"m < 0, (K"x - K"m)/(L"x - L"m) < K"c/L"c. Leontief's data for the United States in 1947 satisfy b, and the United States is actually revealed by trade to be capital abundant. The comparison by Leontief of K"x/L"x with K"m/L"m is shown to be theoretically inappropriate.
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Citations
Cites
DOMESTIC PRODUCTION AND FOREIGN TRADE: THE AMERICAN CAPITAL POSITION REEXAMINED
Leontief, W. W. (1953) · Cited by 1,041
THE FACTOR PROPORTIONS THEORY: THE N?FACTOR CASE
Vanek, J. (1968) · Kyklos · doi:10.1111/j.1467-6435.1968.tb00141.x · Cited by 424
Cited by
Gravity for Dummies and Dummies for Gravity Equations
Baldwin, R., & Taglioni, D. (2006) · doi:10.3386/w12516 · Cited by 1,206
A Review of the Empirical Literature on FDI Determinants
Blonigen, B. A. (2005) · Atlantic Economic Journal · doi:10.1007/s11293-005-2868-9 · Cited by 1,114
Natural resource abundance and economic growth revisited
Stijns, J.-P. C. (2005) · Resources Policy · doi:10.1016/j.resourpol.2005.05.001 · Cited by 576
Multicountry, Multifactor Tests of the Factor Abundance Theory
Bowen, H., Leamer, E., & Sveikauskas, L. (1986) · National Bureau of Economic Research · doi:10.3386/w1918 · Cited by 488
Self-citationAn Account of Global Factor Trade
Davis, D. R., & Weinstein, D. E. (2001) · American Economic Review · doi:10.1257/aer.91.5.1423 · Cited by 450
Metadata
- Authors
- Leamer, E. E.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1980-06
- Volume
- 88
- Issue
- 3
- Pages
- 495-503
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W1984751861
- Cited by
- 335
- References
- 2
- FWCI
- 10.95
- Type
- journal article
- Language
- en
- Open access
- closed
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