Trade, Immigration, and Cross‐Border Investment

Ronald L. Rogowski

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Global trade and economics Migration and Labor Dynamics Global Trade and Competitiveness

Abstract

Abstract This article discusses the implications of four models related to trade, immigration, and cross-border investment. These four models are: Hecksher-Ohlin, Samuelson-Jones and Ricardo-Viner, neo-Ricardian, and Economies of Scale. The first three models assume constant returns to scale, but all models make the conventional assumption of diminishing marginal returns to any individual factor. The article discusses each model in detail, focusing on trade in products and cross-border migration and investment.

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References

2003Varieties of Capitalism: The Institutional Foundations of Comparative Advantage 2017Why Doesn't Capital Flow from Rich to Poor Countries?2003The Economic Effects of Constitutions 1987International Economics: Theory and Policy 2005The Political Economy of Corporate Governance 1971Ohlin Was Right 2003Distance, skill deepening and development: will peripheral countries ever get rich?2002Technological Superiority and the Losses from Migration

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