Per oggi è tutto:

Il prezzo relativo di un bene è anche il suo COSTO OPPORTUNITA’ (quantità di un bene a cui devo rinunciare per consumare un’unità aggiuntiva dell’altro bene). b) L’area al

• Titolo dell’articolo Experimental activity on the tubular SFC5 Generator in Italy: regression models analysis and optimization. • Pubblicazione/Presentazione Presentazione ASME

I The setup: Two countries, H and F ; one firm for each country; one homogeneous good (the H firm sells x on the H market and x ∗ on the F market, the F firm sells y on the H market

I As illustrated in the Figure above, this leads to a fall in the set of goods produced in H (H loses industries), but to an increase in the relative wage in H.. I It is easy to

I Since very recently (Davis, 2002) International trade theory was largely a matter of applied logic with little emphasis on empirical validation?. I From Adam Smith

I Only the more productive rms enter the export market (while some less productive rms continue to produce only for the domestic market)!. Trade will simultaneously force the

Note that when wages are endogenous as in Krugman (1980) (no agricultural sector), the relative wage is sensitive to the relative size of countries ⇒ Home Market Effect on wages:

I As illustrated in the Figure above, this leads to a fall in the set of goods produced in H (H loses industries), but to an increase in the relative wage in H.. I It is easy to