{"title":"Some Reflections on Two Significant Contributions of Ron Jones: Specificity of Factors and Non-traded Goods","authors":"R. Acharyya","doi":"10.1177/00157325241255746","DOIUrl":null,"url":null,"abstract":"This article pays tribute to Professor Ronald W. Jones by reflecting upon how two significant, yet simple and elegant, analytical structures developed by him have been used by researchers to address a wide set of issues relevant for developed and developing countries alike and hold the potential to analyse some unexplored issues of relevance in the future. One is the specific-factor model, and the other is the composite-traded and non-traded model that came out of his Frank Graham Lecture in 1976. These two important competitive general equilibrium structures provide significant and relevant departures from the Ricardian and Heckscher–Ohlin–Samuelson models, highlighting the role of both factor scarcity and local demand. JEL Codes: F11, F13, F21","PeriodicalId":1,"journal":{"name":"Accounts of Chemical Research","volume":" 2","pages":""},"PeriodicalIF":16.4000,"publicationDate":"2024-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Accounts of Chemical Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/00157325241255746","RegionNum":1,"RegionCategory":"化学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CHEMISTRY, MULTIDISCIPLINARY","Score":null,"Total":0}
引用次数: 0
Abstract
This article pays tribute to Professor Ronald W. Jones by reflecting upon how two significant, yet simple and elegant, analytical structures developed by him have been used by researchers to address a wide set of issues relevant for developed and developing countries alike and hold the potential to analyse some unexplored issues of relevance in the future. One is the specific-factor model, and the other is the composite-traded and non-traded model that came out of his Frank Graham Lecture in 1976. These two important competitive general equilibrium structures provide significant and relevant departures from the Ricardian and Heckscher–Ohlin–Samuelson models, highlighting the role of both factor scarcity and local demand. JEL Codes: F11, F13, F21
期刊介绍:
Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance.
Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.