This short note examines some time series evidence relating prices of exports and imports to the aggregate US wage over 34 years of falling tariffs starting in the mid 1960s. The cointegrated unit root series lead to error correction and vector autoregression models. The lost protection and changing traded prices lowered the US wage very slightly, by less than 1%. © 2007 Elsevier Inc. All right...

We determined the numbers, cellular origin and thrombin-generating properties of microparticles in healthy individuals (n = 15). Microparticles, isolated from fresh blood samples and identified by flow cytometry, originated from platelets [237 x 10(6)/L (median; range 116-565)], erythrocytes (28 x 10(6)/L; 13-46), granulocytes (46 x 10(6)/L; 16-94) and endothelial cells (64 x 10(6)/L; 16-136). ...

We analyse the behaviour of a multi-sector small open economy with involuntary unemployment due to fair wages. The equilibrium level of employment depends in an intuitively appealing way on the sectoral structure of the economy. It is shown that induced changes in employment are a driving force behind many of the comparative static results. Fair wage variants of the Heckscher-Ohlin and the Rica...

Noussair et al (1995) invoked a trading environment similar to the 2 x 2 Ricardian model and observed the law of comparative advantage. In this experiment, we apply the same experimental setting but increase the number of goods and countries. We report an experiment to test a 3 x 3 Competitive Ricardian Model (CRM). The patterns of trade and output predicted by the law of comparative advantage ...

The aerobic metabolism of fluorobenzene by Rhizobiales sp. strain F11 was investigated. Liquid chromatography-mass spectrometry analysis showed that 4-fluorocatechol and catechol were formed as intermediates during fluorobenzene degradation by cell suspensions. Both these compounds, unlike 3-fluorocatechol, supported growth and oxygen uptake. Cells grown on fluorobenzene contained enzymes for t...

A half century of empirical work attempting to predict the factor content of trade in goods has failed to bring theory and data into congruence. Our study shows how the Heckscher-Ohlin-Vanek theory, when modified to permit technical differences, a breakdown in factor price equalization, the existence of nontraded goods, and costs of trade, is consistent with data from ten OECD countries and a r...