caa a22 4500 475797698 CHVBK 20180406123729.0 cr unu---uuuuu 170329e20000201xx s 000 0 eng 10.1007/BF01231486 doi (NATIONALLICENCE)springer-10.1007/BF01231486 A general-equilibrium re-appraisal of the Stolper-Samuelson theorem [Elektronische Daten] [Wen Cheng, Jeffrey Sachs, Xiaokai Yang] This paper conducts a general-equilibrium analysis of the Heckscher-Ohlin model in which product price is endogenized. It applies both marginal and infra-marginal comparative-static analyses to examine the co-movement of factor and product prices. It shows that the Stolper-Samuelson theorem's prediction does not always hold, in particular, it does not always hold inside the diversification cone when changes in production parameters lead to changes in prices; or when the general equilibrium jumps from one structure to another. The result of this paper supports the "everything-possible” theorem and casts doubt on the general applicability of other core trade theorems derived from the same framework as the Stolper-Samuelson theorem. Springer-Verlag, 2000 general-equilibrium Heckscher nationallicence Ohlin model nationallicence Stolper-Samuelson theorem nationallicence F10 nationallicence F11 nationallicence Cheng Wen Law and Economics Consulting Group, Navigant Consulting Inc., New Zealand aut Sachs Jeffrey Center for International Development, Harvard University, 79 J. F. Kennedy Street, 02138, Cambridge, MA, USA aut Yang Xiaokai Department of Economics, Monash University, 3168, Clayton, Vic, Australia aut Journal of Economics Springer-Verlag 72/1(2000-02-01), 1-18 0931-8658 72:1<1 2000 72 712 https://doi.org/10.1007/BF01231486 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01231486 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Cheng Wen Law and Economics Consulting Group, Navigant Consulting Inc., New Zealand aut NATIONALLICENCE 700 1- Sachs Jeffrey Center for International Development, Harvard University, 79 J. F. Kennedy Street, 02138, Cambridge, MA, USA aut NATIONALLICENCE 700 1- Yang Xiaokai Department of Economics, Monash University, 3168, Clayton, Vic, Australia aut NATIONALLICENCE 773 0- Journal of Economics Springer-Verlag 72/1(2000-02-01), 1-18 0931-8658 72:1<1 2000 72 712 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer