Factor price equalization theorem: the Philippine experience

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dc.contributor.authorBayalan, Alfierri E.
dc.contributor.authorLicsi, Mark Joseph
dc.date.accessioned2025-01-30T00:58:43Z
dc.date.available2025-01-30T00:58:43Z
dc.date.issued2009-03
dc.description.abstractThis paper seeks to investigate whether the factor price equalization (FPE) theorem applies to the experience of the Philippines and its leading trading partners and to rank them as to whether they are high-wage or low-wage countries following the two-tiered analysis introduced by Mokhtari and Rassekh ( 1989). The result of this study fails to show support to the FPE theorem and to its prediction that the Philippines, being a low-income country, will benefit from more trade openness as evidenced by an increase in real manufacturing wage.
dc.identifier.urihttps://selib.upd.edu.ph/etdir/handle/123456789/4291
dc.language.isoen
dc.subjectPricing
dc.subjectPrice equalization theorem
dc.subjectFactor price equalization
dc.subjectInternational trade dynamics
dc.subjectGlobalization
dc.titleFactor price equalization theorem: the Philippine experience
dc.typeThesis

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