Interestingly Leontieff obtained the opposite result to what he had expected. He found that US exports were more labour‐intensive than US imports! Ever since economists have debated the reasons for the so‐called “Leontieff Paradox”. Several explanati
Chapter12 Leontief Paradox There exist two possible methods for the investigation,the inductive inference and deductive inference.The inductive inference collects empirical observations and infers the general conclusion from them.Although it is very useful for the practical purposes,the inductive inference ...
The Leontief Paradox, as it came to be known, led many economists to question the Heckscher-Ohlin Theorem, which states that countries produce and export what they can create most efficiently, depending on their factors of production. Moreover, they import goods that they cannot produce as effic...
(2004), "Research programs, model-building and actor- network-theory: Reassessing the case of the Leontief Paradox", The Journal of Economic Methodology, Vol. 11, No. 4, pp. 455-476.Bledin, Justin and Sharon Shewmake. 2004. Research Programs, Model-Building, and Actor-Network-Theory: ...