Leontieff Paradox - PowerPoint PPT Presentation

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Leontieff Paradox

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an exporter of capital-intensive goods. Wassily Leontieff found in 1953. that US exports are less capital intensive. than US imports.--THE LEONTIEFF PARADOX. ... – PowerPoint PPT presentation

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Title: Leontieff Paradox


1
Leontieff Paradox
2
Empirical Evidence One would expect that the US
would be an exporter of capital-intensive
goods. Wassily Leontieff found in 1953 that US
exports are less capital intensive than US
imports.--THE LEONTIEFF PARADOX.
3
Exports(1million) Imports(1million)
1876 2132
Capital (000) 131 119
labor (Persons per Year) 14 18 K/
L 2.55 1.89 of
engineers
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