Construct · 1 fields · 1 citations

Leontief paradox: a standalone construct

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Leontiefparadox1 CONSTRUCTLeontief paradoxLEAMER · INTERNATIONAL

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International economics

the finding that US exports embodied less capital relative to labor than US imports despite US capital abundance, at odds with Heckscher-Ohlin predictions.

In international economics, Leontief paradox refers to the finding that US exports embodied less capital relative to labor than US imports despite US capital abundance, at odds with Heckscher-Ohlin predictions. This meaning comes from Leamer (1980) in Journal of Political Economy.[1]

Unit
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Nearby constructs

capital2 fields · 3 citationsjingle · one word, two constructslabor4 fields · 4 citationsjingle · one word, four constructsparadox3 fields · 4 citationsjingle · one word, three constructs

References

  1. Leamer, E. E. (1980). The Leontief Paradox, Reconsidered. Journal of Political Economy, 88(3), 495-503. https://doi.org/10.1086/260882

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