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Title: |
Income Redistribution Effects in the Presence of Region-Specific Factors |
| Author: |
Eor, Myong-Keun;
Dalal, Ardeshir J. |
| Author
Affiliation: |
Korea Rural
Econ Institute; Northern IL U |
| Source: |
International Economic Journal, Autumn 1999, v. 13, no. 3, pp.37-49 |
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Publication Date: |
Autumn 1999 |
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Abstract: |
This paper examines the effect of changes
in factor endowments on income distribution in a four-factor,
three-commodity model, in which two of the factors are region-specific
while the other two are inter-regionally and inter-sectorally mobile. We
provide an intermediate run model which bridges the gap between the
Heckscher-Ohlin-Samuelson and the specific factor models, and which
yields results which differ from both these models. A simple derivation
of factor friendship patterns is made possible by exploiting the
properties of the GNP function. The procedure used may be applied to any
n-commodity, (n + l)-factor model. |
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