The Heckscher-Ohlin Theorem

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This video covers how differences in factor endowments affect trade, as is demonstrated through the Heckscher-Ohlin Theorem. Under some simple assumptions, the models discussed in this video demonstrate that capital-intensive countries will export capital-intensive products, and labor-intensive countries will export labor-intensive products. For more on the models discussed in this video, see the textbook "International Trade" by Robert Feenstra and Alan Taylor.
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Опубликовано:

15 сен 2015

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Комментарии : 28

@tayeo9314 5 лет назад

Thanks video gave more clarity than some lectures with so called Dr. titles

@fufu3539 2 года назад

Been watching since the most recent. Still hoping to finish!

@thatomanamela1015 4 года назад

I get u..in my understanding the theorem is there to tell us that a country will likely to produce wht it has more..

@HossianBakeSalarpour 2 года назад

very good explaining

@sg7031 4 года назад

helpful, thank you

@florinajoels3630 4 года назад

I liked your class... It gave me a brief idea about the theorem.

@mansiagrawal2763 4 года назад

laude ka idea

@zzz7408 3 года назад

brilliant. thank you

@faisalalalawi 5 лет назад

Thanks

@andreskupervaser-gould7112 4 года назад

The PPF is curved because of the Diminishing Returns to scale correct? If the returns had been constant, you would have had “corner results” and each country would specialize completly on the good where they have the comparative advantage. Is this correct?

@kevins6732 4 года назад

exactly

@marleneirene23 2 года назад

thank youuu!

@leselimakhudu2767 4 года назад

Especially astute

@wasixsunil 5 месяцев назад

00:04 Heckscher-Ohlin theorem is about factor endowments shaping trade content. 01:10 Heckscher-Ohlin Theorem Assumptions 02:12 Consumer tastes are identical across countries, and do not vary with income. 03:11 Home country has to give up computers to get more shoes due to difficulty in producing shoes. 04:09 Trade can lead the home country to produce at a different point on its PPF. 05:03 Home country exports capital-intensive goods. 06:03 Trade leads to production at a higher level of satisfaction. 06:57 Heckscher-Ohlin theorem: Different countries export goods based on their resource endowments.

@ayeshafathima5554 10 месяцев назад

The thesis is well explained

@panchaliwedage7479 3 месяца назад

😍

@asmaO7 6 лет назад

I slept while he was talking

@itsm3dud39 6 лет назад

Is this the complete hecksher ohlin theory?

@valiytora6094 6 лет назад

Not complete one. You may spend 1-2 hours on explaining it.

@johnblah1040 2 года назад

This is basically the summary I believe.

@bengtake5041 7 лет назад

I don't understand.

@Gator115 7 лет назад

Capital intensive countries produce CAPITAL intensive products. Ie- computer software companies will produce computer software as opposed to a labor intensive country only uses LABOR intensive products because they lack capital. ie- shoemakers.