The Stolper-Samuelson Theorem
A Golden Jubilee
An exploration and celebration of the Stolper-Samuelson Theorem, which states that an increase in the price of a good will cause an increase in the price of the factor used intensively in that industry and a decrease in the price of the other factor
Description
In celebration of the fiftieth anniversary of the Stolper-Samuelson Theorem, this volume collects in one place the original Stolper-Samuelson articles as well as the most significant later contributions that interpret, extend, and test the basic result. It also includes reflective papers by both Wolfgang F. Stolper and Paul A. Samuelson, an overview of the literature, and an annotated bibliography.
Contributors to the volume, either in reprints of their original articles or in new commentary, are Robert E. Baldwin, Sundari R. Baru, Jagdish N. Bhagwati, John S. Chipman, Alan V. Deardorff, Wilfred Ethier, Ronald W. Jones, Murray C. Kemp, Ulrich Kohli, Paul R. Krugman, Edward E. Leamer, Stephen P. Magee, Lloyd A. Metzler, Ronald Rogowski, Paul A. Samuelson, Jose A. Scheinkman, Robert M. Stern, Wolfgang F. Stolper, and Leon Wegge.
Alan V. Deardorff is the John W. Sweetland Professor Emeritus of International Economics and a professor emeritus of public policy at the University of Michigan.
Robert M. Stern (1927-2015) was professor emeritus of economics and public policy at the University of Michigan.