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What is leontief paradox?


Asked By: Amoli Hari



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Masters in Structural Engineering Journal Entries Underwriting Tulsa United States


Leontief's paradox in economics is that a country with a higher capital per worker has a lower capital/labor ratio in exports than in imports. From Wikipedia, the free encyclopedia. Thus, the HO theory predicts that the US exports would have required more capital per worker than US imports. Other articles where Leontief Paradox is discussed: Wassily Leontief: …also is known for the “Leontief Paradox. This was thought to be paradoxical because the Heckscher–Ohlin model of international trade led people to expect that US exports would be capital- intensive.

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