International Trade and Human Capital: A Simple General Equilibrium Model
将人力资本形成纳入两要素两商品国际贸易模型,工人可选择成为非熟练工或接受教育成为熟练工,模型内生决定工资、教育成本、贸易条件和比较优势模式,结果与人力资本解释比较优势的实证研究一致。
The paper incorporates the formation of human capital into the two-factor, two-good model of international trade. Workers can choose between being unskilled and earning the corresponding wage or obtaining an education that enables them to earn a higher wage. The wages of skilled and unskilled labor and the direct and indirect costs of education are all determined endogenously, along with the terms of trade and the pattern of comparative advantage. The implications of the model are consistent with the extensive empirical research on the role of human capital in explaining patterns of comparative advantage.