Francisco Javier Andrade Domínguez, Romina Lissette Sánchez Centanaro, David Richard Pincay Sancán, Xavier Fernando Ortega Haro, Carolina Denisse Barros Gavino, Miossotty Katherine Naranjo Kean Chong, Juan Carlos Alarcón Gavilanes, María Auxiliadora Falconí Tello
{"title":"利用赫克歇尔-俄林的 2.2.2 模型研究经济趋同问题","authors":"Francisco Javier Andrade Domínguez, Romina Lissette Sánchez Centanaro, David Richard Pincay Sancán, Xavier Fernando Ortega Haro, Carolina Denisse Barros Gavino, Miossotty Katherine Naranjo Kean Chong, Juan Carlos Alarcón Gavilanes, María Auxiliadora Falconí Tello","doi":"10.36941/ajis-2024-0123","DOIUrl":null,"url":null,"abstract":"This article presents a methodology to estimate disparities in factor endowments in a dynamic Heckscher-Ohlin model. The model integrates a static approach to intraindustry trade of two goods and two factors. By employing a Cobb-Douglas production function model (2 goods, 2 factors), we identify convergences and divergences in production, influenced by the elasticity of substitution between inputs. Our findings illustrate that, even if factor prices equalize, countries differing only in their initial capital-to-labor ratios may converge or diverge in income levels over time. Divergence can occur for parameter values that would imply convergence in a world of closed economies, and open ones. \n \nReceived: 15 March 2024 / Accepted: 16 June 2024 / Published: 02 July 2024","PeriodicalId":37106,"journal":{"name":"Academic Journal of Interdisciplinary Studies","volume":"3 9","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Study on Economic Convergence Employing the 2.2.2 Model of Heckscher-Ohlin\",\"authors\":\"Francisco Javier Andrade Domínguez, Romina Lissette Sánchez Centanaro, David Richard Pincay Sancán, Xavier Fernando Ortega Haro, Carolina Denisse Barros Gavino, Miossotty Katherine Naranjo Kean Chong, Juan Carlos Alarcón Gavilanes, María Auxiliadora Falconí Tello\",\"doi\":\"10.36941/ajis-2024-0123\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This article presents a methodology to estimate disparities in factor endowments in a dynamic Heckscher-Ohlin model. The model integrates a static approach to intraindustry trade of two goods and two factors. By employing a Cobb-Douglas production function model (2 goods, 2 factors), we identify convergences and divergences in production, influenced by the elasticity of substitution between inputs. Our findings illustrate that, even if factor prices equalize, countries differing only in their initial capital-to-labor ratios may converge or diverge in income levels over time. Divergence can occur for parameter values that would imply convergence in a world of closed economies, and open ones. \\n \\nReceived: 15 March 2024 / Accepted: 16 June 2024 / Published: 02 July 2024\",\"PeriodicalId\":37106,\"journal\":{\"name\":\"Academic Journal of Interdisciplinary Studies\",\"volume\":\"3 9\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-07-02\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Academic Journal of Interdisciplinary Studies\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.36941/ajis-2024-0123\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"Arts and Humanities\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Academic Journal of Interdisciplinary Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.36941/ajis-2024-0123","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"Arts and Humanities","Score":null,"Total":0}
Study on Economic Convergence Employing the 2.2.2 Model of Heckscher-Ohlin
This article presents a methodology to estimate disparities in factor endowments in a dynamic Heckscher-Ohlin model. The model integrates a static approach to intraindustry trade of two goods and two factors. By employing a Cobb-Douglas production function model (2 goods, 2 factors), we identify convergences and divergences in production, influenced by the elasticity of substitution between inputs. Our findings illustrate that, even if factor prices equalize, countries differing only in their initial capital-to-labor ratios may converge or diverge in income levels over time. Divergence can occur for parameter values that would imply convergence in a world of closed economies, and open ones.
Received: 15 March 2024 / Accepted: 16 June 2024 / Published: 02 July 2024