Assume that the United States is a skilled-labour abundant country, whereas China is an unskilled-labour abundant. First
Posted: Wed Mar 09, 2022 8:34 am
Assume that the United States is a skilled-labour abundant
country, whereas China is an unskilled-labour abundant. First
define, Stolper-Samuelson theorem and then check data findings
are in line with the Stolper-Samuelson theorem
Data: correlation coefficient between Openness
and the GINI Index (Correlation Coefficient for the United
States is 0.164 Correlation Coefficient for China is 0.353.)
country, whereas China is an unskilled-labour abundant. First
define, Stolper-Samuelson theorem and then check data findings
are in line with the Stolper-Samuelson theorem
Data: correlation coefficient between Openness
and the GINI Index (Correlation Coefficient for the United
States is 0.164 Correlation Coefficient for China is 0.353.)