Thanks for suggestions go to Kwan Choi, Roland Döhrn, Panos Hatzipanayotou, Andres Jauregui, Henry Kinnucan, Alexander Sarris, Kar-yiu Wong, and others at the WTO Conference in Duisburg.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Arrow K, Chenery HB, Minhas BS, Solow R (1961) Capital-labor substitution and economic efficiency. Review of Economic Statistics 43: 225–250
Ballard C, Fullerton D, Shoven J, Whalley J (1985) A General Equilibrium Model for Tax Policy Evaluation. University of Chicago Press, Chicago
Balistreri E, McDaniel C, Wong E (2001) An estimate of US industry level capital-labor substitution elasticities: Cobb-Douglas as a reasonable starting point? USITC Working Paper 2001-12A
Chang W (1979) Some theorems of trade and general equilibrium with many goods and factors. Econometrica 47: 709–726
Chipman J (1979) A survey of the theory of international trade: Part 3, the modern theory. Econometrica 34: 18–76
Christensen L, Jorgensen D, Lau L (1973) Trancendental Logarithmic Production Frontiers. The Review of Economics and Statistics 55: 28–45
Clark D, Hofler R, Thompson H (1988) Separability of capital and labor in US manufacturing. Economics Letters 26: 197–201
Clark D, Thompson H (1983) Factor movements with three factors and two goods in the US economy. Economics Letters 12: 53–60
Clark D, Thompson H (1986) Immigration, international capital flows, and long run income distribution in Canada. Atlantic Economic Journal 14: 24–29
Clark D, Thompson H (1990) Factor migration and income distribution in some developing countries. Bulletin of Economic Research 42: 131–140
Clark D, Thompson H (1990) International factor migration and the US. Atlantic Economic Journal 18: 74–78
Ethier W (1974) Some of the theorems of international trade with many goods and factors. Journal of International Economics 4: 199–206
Harberger AC (1962) The incidence of the corporate income tax. Journal of Political Economy 70: 215–240
Hertel T, Tsigas M (1988) Tax policy and US agriculture: A general equilibrium approach. American Journal of Agricultural Economics 20: 289–302
Jones R (1965) The structure of simple general equilibrium models. Journal of Political Economy 73: 557–572
Jones R, Scheinkman J (1977) The relevance of the two-sector production model in trade theory. Journal of Political Economy 85: 909–935
Sato R, Koizumi T (1973) On the elasticities of substitution and complementarity. Oxford Economic Papers 25: 44–56
Shoven J, Whalley J (1972) A general equilibrium calculation of the effects of differential taxation of income from capital in the US. In: Journal of Public Economics 1: 281–322
Stolper W, Samuelson P (1941) Protection and real wages. Review of Economic Studies 9: 58–73
Takayama A (1982) On theorems of general competitive equilibrium of production and trade: A survey of recent developments in the theory of international trade. Keio Economic Studies 19: 1–37
Thompson H (1990) Simulating a multifactor general equilibrium model of production and trade. International Economic Journal 4: 21–34
Thompson H (1994) An investigation into the quantitative properties of the specific factors model of international trade. Japan and the World Economy 6: 375–388
Thompson H (1995a) Factor intensity versus factor substitution in a specified general equilibrium model. Journal of Economic Integration 10: 283–297
Thompson H (1995b) Free trade and income redistribution in some developing and newly industrialized countries. Open Economies Review 6: 265–280
Thompson H (1996) Nafta and industrial adjustment: A specific factors model of production. Growth and Change 27: 3–28
Thompson H (1997a) Free trade and income redistribution across labor groups: Comparative statics for the US economy. International Review of Economics and Finance 6: 181–192
Thompson H (1997b) Free trade and income redistribution in a three factor model of the US economy. Southern Economic Journal 64: 1074–83
Thompson H, Toledo H (2001) Bolivia and South American free trade. International Trade Journal 15: 113–126
Uzawa H (1962) Production functions with constant elasticity of substitution. Review of Economic Studies 30: 291–299
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2005 Physica-Verlag Heidelberg
About this chapter
Cite this chapter
Thompson, H. (2005). Income Redistribution, Trade Prices, and International Capital in Simulated Trade Models. In: Heiduk, G.S., Wong, Ky. (eds) WTO and World Trade. Contributions to Economics. Physica-Verlag HD. https://doi.org/10.1007/3-7908-1630-2_4
Download citation
DOI: https://doi.org/10.1007/3-7908-1630-2_4
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-1579-5
Online ISBN: 978-3-7908-1630-3
eBook Packages: Business and EconomicsEconomics and Finance (R0)