Ian C. Parker

Time structure of production and the theory of international trade

Abstract This paper reexamines aspects of international trade theory by taking account of the time required for transforming inputs into outputs. The discussion focuses explicitly upon the time structure of production, characterized by profiles of inputs and outputs over time. Each of the models two consumer-good sectors has different flow-input flow-output technology, with which labor produces heterogeneous capital goods and final output. As shown by the analysis, intersectoral differences in the time structure of production have important implications for the impact of world trade on a countrys employment of labor, accumulation of capital and level of income.

The Rise of the Vernaculars in Early Modern Europe: An Essay in the Political Economy of Language

Language and labor are outer expressions in which the individual no longer retains possession of himself per se, but lets the inner get right outside him, and surrenders it to something else. For that reason we might just as truly say that these outer expressions express the inner too much as that they do so too little. (Hegel, 1967, p. 340)