Leontief's paradox

5 months ago
3
Finance Education International Economics: Leontief's paradox in economics # capital/labor ratio in exports than in imports. Wassily W. Leontief's test of the Heckscher–Ohlin theory empirically.

Leontief's paradox in economics is that a country with a higher capital per worker has a lower capital/labor ratio in exports than in imports. This econometric finding was the result of Wassily W. Leontief's attempt to test the Heckscher–Ohlin theory empirically.

Loading comments...