Towards a Factor Proportions Approach to Economic History: Population, Precious Metals and Prices from the Black Death to the Price Revolution

Abstract

In the history of economic doctrine the name of Bertil Ohlin is inseparable from that of EliHeckscher. The origin of the famous Heckscher-Ohlin theorem is the seminal article byHeckscher (1919) in the special 1919 David Davidson Festschrift issue of EkonomiskTidskrift, later developed by Ohlin in his doctoral dissertation (1924) and his monumentalInterregional and International Trade (1933). Together, these three works established thefactor proportions approach to international trade.