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14 relations: Bertil Ohlin, Capital (economics), Eli Heckscher, Factor price equalization, Factors of production, Heckscher–Ohlin model, Labour economics, Leontief paradox, Outline of industrial organization, Price, Profit (economics), Rybczynski theorem, Stolper–Samuelson theorem, Wassily Leontief.
Bertil Ohlin
Bertil Gotthard Ohlin (23 April 1899 – 3 August 1979) was a Swedish economist and politician.
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Capital (economics)
In economics, capital consists of an asset that can enhance one's power to perform economically useful work.
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Eli Heckscher
Eli Filip Heckscher (24 November 1879 – 23 December 1952) was a Swedish political economist and economic historian.
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Factor price equalization
Factor price equalization is an economic theory, by Paul A. Samuelson (1948), which states that the prices of identical factors of production, such as the wage rate, or the rent of capital, will be equalized across countries as a result of international trade in commodities.
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Factors of production
In economics, factors of production, resources, or inputs are which is used in the production process to produce output—that is, finished goods and services.
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Heckscher–Ohlin model
The Heckscher–Ohlin model (H–O model) is a general equilibrium mathematical model of international trade, developed by Eli Heckscher and Bertil Ohlin at the Stockholm School of Economics.
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Labour economics
Labour economics seeks to understand the functioning and dynamics of the markets for wage labour.
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Leontief paradox
Leontief's paradox in economics is that a country with a higher capital per worker has a lower capital/labor ratio in exports than in imports.
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Outline of industrial organization
The following outline is provided as an overview of and topical guide to industrial organization: Industrial organization – describes the behavior of firms in the marketplace with regard to production, pricing, employment and other decisions.
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Price
In ordinary usage, a price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.
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Profit (economics)
In economics, profit in the accounting sense of the excess of revenue over cost is the sum of two components: normal profit and economic profit.
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Rybczynski theorem
The Rybczynski theorem was developed in 1955 by the Polish-born English economist Tadeusz Rybczynski (1923–1998).
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Stolper–Samuelson theorem
The Stolper–Samuelson theorem is a basic theorem in Heckscher–Ohlin trade theory.
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Wassily Leontief
Wassily Wassilyevich Leontief (Василий Васильевич Леонтьев; August 5, 1905 – February 5, 1999), was a Russian-American economist known for his research on input-output analysis and how changes in one economic sector may affect other sectors.
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