Factor Price Equalization

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The theory that the prices of two identical means of production in different areas will eventually equal each other. For example, if wages in one region exceed wages in another, they will gradually fall in the first region and rise in the second until they are the same. Factor price equalization works best when factor mobility exists. See also: Factor Price.

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No references found			He followed this up with a discussion of absolute factor price equalization and concluded that "it is an inescapable conseq uence of trade" (p. Comparative Advantage in International Trade: A Historical Perspective by Elmslie, Bruce T. / Southern Economic Journal Contrary to the original proof of this theorem, given by Vanek(4), factor price equalization is not assumed in Bertrand's model. Replacing the autarky factor prices with the corresponding post-trade ... by Madresehee, Mehrdad / American Economist Bradford, and Kazushige Shimpo, we start with a belief that the conventional assumption of factor price equalization (FPE) for the world as a whole is a major stumbling block for empirical implementation. International Trade and National Factor Markets by Davis, Donald R. / NBER Reporter			Faced Mail Fachzeitschrift Facilitating Intermediary Facilitation facilitator Facilite anticyclique facilities management Facility Facility Fee Facility License Facility of Payment Clause Facing Slip Facsimile Draft FACT Act Factor Factor Analysis Factor Cost Factor Endowment Factor Income Factor Incomes from Abroad Factor Market Factor Mobility Factor Model Factor portfolio Factor Price Factor Price Equalization Factor Return Factorage Factoring factory-built home Factura Facturacion Fade Fail fail float Fail to Deliver Fail to Receive Failure of Issue Fair and Accurate Credit Transaction Act of 2003 Fair Credit Billing Act Fair Credit Reporting Act Fair Debt Collection Practices Act Fair Disclosure Fair Funds for Investors Fair Game Fair Housing Act Fair Isaac Company score Fair Labor Standards Act Fair Market Price fair market value Fair Packaging & Labeling Act			Factor Market Factor Markets Factor Mobility Factor model Factor model Factor Models Factor Models Factor module Factor of automorphy Factor of Cooperation Factor of production factor of proportionality factor of proportionality factor of safety factor of safety factor of safety factor of safety factor of safety factor of stress concentration factor of stress intensity factor of subdivision factor out factor P factor P factor P factor P factor P Factor portfolio Factor price Factor price equalisation Factor Price Equalization Factor price equalization theorem Factor prices factor R Factor Reality Into the Situation Factor Receptor Substrate 2 Factor Return Factor Returns Factor ring Factor space Factor Stimulating Interferon Production factor theorem of algebra Factor Theory factor V factor V factor V factor V factor V Factor V Clotting Ativity Factor V deficiency Factor V deficiency Factor V deficiency Factor V Leiden Factor V Leiden mutation Factor V Leiden mutation factor V Leiden mutation A Factor V Leiden thrombophilia Factor V-Deficient Plasma factor V-Leiden test Factor va Factor va

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