Quotation Smet, Koen. 2008. A clockwork economy. A three-dimensional trade model imbedded in the general equilibrium theory.. 10. Göttinger Workshop "Internationale Wirtschaftsbeziehungen", Georg-August-Universität Göttingen, Deutschland, 10.04.-12.04..


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Abstract

This paper applies the literature of multi-dimensional trade theory to establish a 3x3x3 Heckscher-Ohlin trade model. This model is than applied to predict trade flows between three stylised countries representing South Africa, the EU and China. As shown in this paper, the concept of the endowment triangle is very useful und simplifies the model.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language German
Title A clockwork economy. A three-dimensional trade model imbedded in the general equilibrium theory.
Event 10. Göttinger Workshop "Internationale Wirtschaftsbeziehungen"
Year 2008
Date 10.04.-12.04.
Country Germany
Location Georg-August-Universität Göttingen
URL http://workshop-iwb.uni-goettingen.de/

Associations

People
Smet, Koen (Details)
Organization
Institute for International Economics and Development IN (Details)
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