Seminar Papers, Institute for International Economic Studies, Stockholm University
The Young Ohlin on the Theory of "Interregional and International Trade"
() and June Flanders
Abstract: Bertil Ohlinís international fame as an economist rests to
a large extent on his 1933 monograph "Interregional and International
Trade" (Ohlin, 1933). The monograph marked the definitive break with the
Ricardian and early neoclassical theory of international trade. Eli
Heckscherís contribution of 1919 did not become known to a wider audience
until his article was published in English in 1949 (Heckscher, 1949, 1991).
But Interregional and International Trade was not Ohlinís first formulation
of the neoclassical theory of international trade; it was his third. His
first attempt is his licentiate dissertation of 1922 and the second his
doctoral dissertation published in 1924. The latter was published in
English in 1991 under the title "The Theory of Trade" (Heckscher and Ohlin,
1991). The licentiate dissertation, entitled "The Theory of Interregional
Exchange" has remained untranslated until very recently (Ohlin, 1999).We
will trace the development of Ohlinís thinking on international trade by
comparing the three works. Special emphasis will be placed on "The Theory
of Interregional Exchange" since it is the first and practically unknown.
We have discussed and compared "The Theory of Trade and Interregional and
International Trade" elsewhere (Flam and Flanders, 1991).
Keywords: Heckscher-Ohlin theory; (follow links to similar papers)
JEL-Codes: B10; B31; (follow links to similar papers)
26 pages, May 1, 2000
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