International Trade and the Equalisation of Factor Prices.¶
Samuelson, P. A. (1948). International Trade and the Equalisation of Factor Prices. Economic Journal, 58(230), 163-184.
Cited by¶
3 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Comparative Advantage
This sourceProves factor-price-equalization theorem; shows trade can eliminate wage differences between countries; extends H-O model to formal equilibrium.
- Gains from Trade
- As Samuelson (1948) formalized in the factor-price-equalization framework grounded in general-equilibrium analysis, coordinating production and consumption across millions of heterogeneous agents would be intractable if each had to calculate aggregate welfare directly.
This sourceProves the factor-price-equalization theorem extending H-O to formal equilibrium; supports the Manages-Complexity claim that decentralized local opportunity-cost decisions aggregate to an efficient global allocation, and the Example's account of FPE.
This sourceCited in the formal Example for the factor-price-equalization theorem extending Heckscher-Ohlin (same work as the marker-021 citation).
- As Samuelson (1948) formalized in the factor-price-equalization framework grounded in general-equilibrium analysis, coordinating production and consumption across millions of heterogeneous agents would be intractable if each had to calculate aggregate welfare directly.
Verification¶
Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.
Does it back the claim? Not recorded. Neither this nor any other of the 3 citations of this work carries a recorded support check.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:aa93f3c1bb3c · see in the full table