Neary, J. Peter(University College Dublin. School of Economics, 1994-06-16)
This paper develops a two-country model of trade and factor mobility in which capital is sector-specific but internationally mobile. The model avoids the implausible predictions of specialisation in Heckscher-Ohlin models ...
This paper studies the welfare losses from tariff protection in a general model of a small open economy where some factors are internationally mobile. It is show that, as long as the economy remains incompletely specialised, ...
Dascher, Kristof(University College Dublin. School of Economics, 2000-05)
Typically, a small and open economy trades goods at given world prices. Here, we present a model of a very open small economy, where capital and labor are internationally mobile, too. When investing into infrastructure, ...