reciprocity conditions

Definition

Economics

  • In the production structure of the Heckscher-Ohlin Model, the fact that the effect of a small change in any factor endowment on output of any good is equal to the effect of a small change in the price of that good on the price of that factor. That is, the matrices of Rybczynski derivatives and Stolper-Samuelson derivatives are the same. Also called Samuelson's reciprocity conditions, from Samuelson (1953).
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