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International Trade Second Edition Chapter 5 Movement of Labor and Capital between Countries Copyright © 2011 by Worth Publishers Robert C. Feenstra and.

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Presentation on theme: "International Trade Second Edition Chapter 5 Movement of Labor and Capital between Countries Copyright © 2011 by Worth Publishers Robert C. Feenstra and."— Presentation transcript:

1 International Trade Second Edition Chapter 5 Movement of Labor and Capital between Countries Copyright © 2011 by Worth Publishers Robert C. Feenstra and Alan M. Taylor

2 Figure 5.1 Home Labor Market Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

3 Figure 5.2 Increase in Home Labor Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

4 Figure 5.3 Wages in Europe and the New World Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

5 Figure 5.4 Share of Foreign-Born Workers in U.S. Workforce, 2008 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

6 Figure 5.5 Shift in Home Production Possibilities Curve Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

7 Figure 5.6 Production Possibilities Frontier Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

8 Figure 5.7 Allocation of Labor and Capital in a Box Diagram Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

9 Figure 5.8 Increase in Home Labor Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

10 Figure 5.9 The Long-Run Effect on Industry Outputs of an Increase in Home Labor Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

11 Figure 5.10 Industry Value-Added in Miami Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

12 Figure 5.10 (a) Industry Value-Added in Miami Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

13 Figure 5.10 (b) Industry Value-Added in Miami Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

14 Table 5.1 Immigration and Wages in the United States Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

15 Figure 5.11 Increase in the Capital Stock in the Short Run Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

16 Figure 5.12 The Effect of an Increase in Capital Stock on the Rental on Capital Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

17 Figure 5.13 Increase in the Capital Stock in the Long Run Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

18 Table 5.2 Real Rental and Wages in Singapore Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

19 Figure 5.14 World Labor Market Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

20 Table 5.3 Workers’ Remittances and Net Foreign Aid, 2007 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

21 Table 5.4 Gains from Immigration Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

22 Figure 5.15 World Capital Market Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers


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