Concept information
Preferred term
leontief paradox
Definition(s)
- Wassily W Leontief (1905–99) was the first scholar to empirically test the predictions of the Heckscher-Ohlin (H-O) theorem, one of four main results of the H-O model (credited to Eli Heckscher and Bertil Ohlin). This theorem establishes a relationship between a country's abundance of factors of production, the intensity with which these factors are used in production, and the country's trade patterns. [Source: Encyclopedia of Business in Today's World; Leontief Paradox]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-CGBQXNW2-Q
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