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Public Economics

Selected Works

1983

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Full-Text Articles in Economic Theory

Nota Sobre Equidad Y Explotación En El Comercio Internacional, Ferran Sancho, Antonio Manresa Dec 1982

Nota Sobre Equidad Y Explotación En El Comercio Internacional, Ferran Sancho, Antonio Manresa

Ferran Sancho

We take on the 'unequal exchange' concept from a formal viewpoint and show that differences in endowments, rather than wage differences, are behind the phenomenon. We also show that egalitarian allocations are efficient.

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