Your English writing platform
Discover LudwigExact(1)
He reports that natives could benefit from relative price decreases of low-skill intensive goods and services, increased labor market efficiency, and production complementarities (Borjas, 1995; Borjas, 2001; Borjas and Katz, 2005).
Similar(58)
While labor prices fell -- as well as prices of manufactured products, according to their labor intensiveness -- prices rose for natural resource-intensive goods, following an increase in demand coming from economically-growing low-income areas.
According to the theory, therefore, the United States should have been exporting capital-intensive goods while importing labour-intensive goods.
Thus, countries with abundant capital should generally be able to produce capital-intensive goods relatively inexpensively, exporting them in order to pay for imports of labour-intensive goods.
But its economic future depends on low-skilled workers churning out labour-intensive goods for export.
The study shows a very different picture for countries that export more carbon-intensive goods than they import.
By choosing relatively less carbon-intensive goods and energy, consumers and businesses net more money than before.
However, as Leontief pointed out, though the United States has more capital than most other nations, the majority of its exports were of labour-intensive goods; conversely, the majority of U.S. imports were of capital-intensive goods.
According to the theory, therefore, the United States should export capital-intensive goods and import labour-intensive ones.
One possibility is that America no longer makes some of the low-skilled, labour-intensive goods that it imports.
· The cost of reducing emissions could be limited to around 1% of global GDP; people could be charged more for carbon-intensive goods.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com