Economy, asked by machiekmanyangmading, 11 months ago

how is the degree of specificity of factors related to it mobility

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Answered by sumith89
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price rigidity required to generate substantial non-neutrality is at odds with ... In this paper, we study whether the nature of factor specificity matters. To that end ... cumulation, under the three alternative assumptions regarding factor specificity.3 ... labor and capital mobility across sectors.

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