He developed the Heckscher-Ohlin-Ricardo model, which showed that even with constant returns to scale that intra-industry trade could still occur under the traditional setting.
22.
Since the production function Y ( K, AL ) has constant returns to scale, it can be written as output per effective unit of labour:
23.
The antenna control system is arranged to move the antenna in azimuth and elevation such that a constant return is obtained from the aircraft being tracked.
24.
The melodic lines are often pentatonic, and the quick tempo and rousing rhythms give a whirling and dancing impression, grounded by the constant return of the theme.
25.
Some might view his constant return to the subject of Vietnam as an exercise in self-inflicted pain, the literary equivalent of worrying the empty socket of a just-pulled tooth.
26.
Mohring and Harwitz ( 1962 ) also showed that the revenues from the first-best congestion tax exactly cover the construction costs of highways when highways possess constant returns to scale.
27.
Sometimes the term has a more restricted meaning, requiring that the function display constant returns to scale ( in which case \ beta = 1-\ alpha in the formula below ).
28.
In which the limiting case 0 } } corresponds to a Cobb Douglas function, Y = AK ^ \ alpha L ^ { 1-\ alpha }, with constant returns to scale.
29.
However ( on assumptions that included constant returns and competitive conditions ) Paul Samuelson has proved that it will always be possible for the gainers from international trade to compensate the losers.
30.
After ten years of only working on New Babylon, Constant returns to painting, watercoloring and graphics in 1969 . Till halfway through the 1970s the subjects of his imaginary world New Babylon still crowd his work.
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