A SIMPLE MATHEMATICAL DEMONSTRATION OF THE HECKSCHER‐OHLIN THEOREM

A mainstay of conventional trade theory, the Heckscher‐Ohlin theorem, dates back to an article published in 1919 by the Swedish economist Eli Heckscher. Bertil Ohlin, a student of Heckscher's, developed the ideas in greater detail in 1933. A footnote in an article by Stolper and Samuelson specifically designated the “Heckscher‐Ohlin theorem” as such.