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Specific factors model |
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Specific factors modelA model in which some or all factors are specific factors. The most common version is the Ricardo-Viner Model, with one specific factor (often capital or land) in each industry plus another factor (often labor) that is mobile between them. But an extreme form of the model, the Cairnes-Haberler Model, has all factors specific.Similar MatchesFirm specific newsFirm specific newsNews that affects only a specific firm. Market news by contrast affects many firms. Specificity ruleSpecificity ruleThe principle that the optimal policy for correcting a distortion is one that deals most directly, or specifically, with that distortion. Company specific riskCompany specific riskRelated: Unsystematic risk Specific riskSpecific riskSee: Unique risk Location specific advantagesLocation specific advantagesAdvantages (natural and created) that are available only or primarily in a particular place. Further Suggestionsspecific legacySpecific tariff Specificity Firm specific risk Specific factor Non-specific subsidy Specific issues market Specific Return Specific commitment |
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