|
| |
| Cheng Te Lee |
| |
| ''The Impact of Talent Distribution on Trade'' |
| ( 2012, Vol. 32 No.3 ) |
| |
| |
| In an equilibrium trade model, we prove that not only the diversity effect but also the kurtosis effect will affect the pattern of comparative advantage. Furthermore, we find that, against the conventional results, if the kurtosis effect dominates the diversity effect then a country with more (less) diversified talent may export the goods produced by supermodular (submodular) technology. |
| |
| |
| Keywords: small open economy, talent distribution, trade |
JEL: F1 - Trade: General
D5 - General Equilibrium and Disequilibrium: General |
| |
| Manuscript Received : May 18 2012 | | Manuscript Accepted : Aug 01 2012 |
|
