Trade-in-goods and trade-in-tasks
Subtitle: an integrating framework
By: Richard Baldwin, Frédéric Robert-Nicoud
Contributors: Robert-Nicoud, Frédéric; National Bureau of Economic Research
Series: NBER working paper series -- working paper 15882; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 15882.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Our paper integrates results from trade-in-task theory into mainstream trade theory by developing trade-in-task analogues to the four famous theorems (Heckscher-Ohlin, factor price equalisation, Stolper-Samuelson, and Rybczynski) and showing the standard gains-from-trade theorem does not hold for trade-in-tasks.  We show trade-in-tasks creates intraindustry trade in a Walrasian economy, and derive necessary and sufficient conditions for analyzing the impact of trade-in-tasks on wages and production.  Extensions of the integrating framework easily accommodate monopolistic competition and two-way offshoring/trade-in-tasks"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 4/13/2010.

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