relative factors prices

Modern international trade is becoming more and more complicated, competition on world markets is intensifying, increasing export volumes requires new approaches to managing production factors. The distribution of production factors among economic sectors and the level of their mobility within the country and abroad depend on the evaluation of the factors' characteristics. Factors of production are no longer homogeneous, even the same industry sometimes requires factors with different characteristics.

The Heckscher – Ohlin – Samuelson model provides a mathematical proof of the possibility of equalizing relative and absolute prices of production factors due to international trade, provided certain assumptions are met. Wassily Leontief proved, in practice these assumptions are not followed. Therefore, there is a need to adjust the parameters of the model in the calculations of indicators of value estimation and the use of production factors.

The Heckscher – Ohlin – Samuelson model provides a mathematical proof of the possibility of equalizing the relative and absolute prices for production factors in international trade with certain assumptions. However, in practice, these assumptions are not followed. Therefore, there is a need to adjust the parameters of the model by calculating the indicators of cost estimation and the use of production factors. Therefore, the purpose of the research is to generalize the theoretical provisions of the Heckscher