Short-Run Capital Specificity and the Pure Theory of International Trade
Abstract
J. Peter Neary; Short-Run Capital Specificity and the Pure Theory of International Trade, The Economic Journal, Volume 88, Issue 351, 1 September 1978, Pages 48
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Rising incomes lead to a gradual reallocation of specific factors into expanding sectors, further increasing their relative productivity.
“These rising incomes will lead to a gradual reallocation of specific factors into expanding sectors, a process originally modelled by Neary (1978), further increasing their relative productivity.”
From The Mechanics of the Industrial Revolution (2023) · cites this paper as Neary (1978)
Cites
Stolper, W. F., & Samuelson, P. A. (1941) · The Review of Economic Studies · doi:10.2307/2967638 · Cited by 2,430 · see citing works
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Booming Sector and De-Industrialisation in a Small Open Economy
Corden, W. M., & Neary, J. P. (1982) · The Economic Journal · doi:10.2307/2232670 · Cited by 3,298 · see citing works
Self-citationDistributional Effects of Globalization in Developing Countries
Goldberg, P. K., & Pavcnik, N. (2007) · Journal of Economic Literature · doi:10.1257/jel.45.1.39 · Cited by 539 · see citing works
The Mechanics of the Industrial Revolution
Kelly, M., Mokyr, J., & Ó Gráda, C. (2023) · Journal of Political Economy · doi:10.1086/720890 · Cited by 70 · see citing works
- Authors
- Neary, J. P.
- Affiliations
- University of Oxford (GB)
- Corresponding author
- Neary, J. Peter
- ORCID
- Neary, J. Peter
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 1978-09
- Volume
- 88
- Issue
- 351
- Pages
- 488
- ISSN
- 0013-0133 (ISSN-L)
- OpenAlex
- W2124749816
- Cited by
- 371
- References
- 1
- Citations by year
- 2026: 1 · 2025: 6 · 2024: 5 · 2023: 2 · 2022: 1 · 2021: 4 · 2020: 3 · 2019: 3 · 2018: 4 · 2016: 8 · 2015: 5 · 2014: 5 · 2013: 13 · 2012: 10
- FWCI
- 12.80
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- The Economic Journal (publishedVersion)
- Oxford University Research Archive (ORA) (University of Oxford) (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Global Trade and Competitiveness
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
- Keywords
- pure theory of international trade, factor content of trade, international factor mobility
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