JavaScript is disabled for your browser. Some features of this site may not work without it.
  • About K
  • Academics
  • Admission
  • Alumni Relations
  • Giving to K
  • News & Events
  • Student Life
  • HORNET HIVE
  • ATHLETICS
  • SITEMAP
  • WEBMAIL
    • Login
    View Item 
    •   CACHE Homepage
    • Academic Departments, Programs, and SIPs
    • Economics and Business
    • Economics and Business Senior Integrated Projects
    • View Item
    •   CACHE Homepage
    • Academic Departments, Programs, and SIPs
    • Economics and Business
    • Economics and Business Senior Integrated Projects
    • View Item

    Heckscher-Ohlin Model : A Theoretical Examination on Capital and Labor Movement in 2-Country Case --The United States and Vietnam

    Thumbnail
    View/Open
    Searchable PDF/Kalamazoo College Only (236.7Kb)
    Date
    2023-01-01
    Author
    Le, Lam Phuong
    Metadata
    Show full item record
    Abstract
    International outsourcing in the past few decades has emerged as a common practice among developed countries that outsource production to third-world countries whose labor cost is just a fraction of what they pay at home. Firms often choose labor-intensive industries when utilizing this service abroad. In Vietnam, many American textile firms allocate more capital to the Vietnamese labor force for a cheaper cost. This paper seeks to analyze this instance with the use of the Heckscher-Ohlin Model in an attempt to give recommendations to the Vietnamese economy regarding this popular phenomenon. This paper first gives an overview of the Heckscher-Ohlin Model together with international outsourcing along with a more in-depth analysis of the practice of outsourcing in the United States and Vietnam. By analyzing the capital and labor movement between two countries in the textile industry, this paper hopes to shed light on the practice that is long believed to be beneficial for the economy. The conclusion of this paper recommends that even though providing outsourcing services to developed countries might have promising advantages such as an increase in GDP or employment rate, overuse of this practice will eventually result in consequences that could potentially be detrimental to the textile industry of Vietnam in specific, and the entire country’s economy in general.
    URI
    https://cache.kzoo.edu/handle/10920/43922
    Collections
    • Economics and Business Senior Integrated Projects [1198]

    Browse

    All of DSpaceCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    Login

    DSpace software copyright © 2002-2023  DuraSpace
    DSpace Express is a service operated by 
    Atmire NV
    Logo

    Kalamazoo College
    1200 Academy Street
    Kalamazoo Michigan 49006-3295
    USA
    Info 269-337-7000
    Admission 1-800-253-3602

    About K
    Academics
    Admission
    Alumni Relations
    Giving to K
    News & Events
    Student Life
    Sitemap
    Map & Directions
    Contacts
    Directories
    Nondiscrimination Policy
    Consumer Information
    Official disclaimer
    Search this site


    Academic Calendars
    Apply
    Bookstore
    Crisis Response
    Employment
    Library
    Registrar
    DSpace Express is a service operated by 
    Atmire NV