Factor Price Equalization

Business and Economics Journal is one of the renowned peer-reviewed journals on Factor price equalization. The journal is using Editorial Manager System for quality in peer review process. Business and Economics journal Editorial and reviewers team ensures the quality and rapid editorial, review processing with publishing time of just 21 days from the day of submission of manuscript. Factor price equalization is an economic theory which is an effect observed in models of international trade and states that the prices of identical factors of production, such as the wage rate, are driven towards equality in the absence of barriers to trade. The theorem assumes that there are two goods and two factors of production, for example capital and labor. Peer review refers to the work done during the screening of submitted manuscripts and funding applications. This process encourages authors to meet the accepted standards of their discipline and reduces the dissemination of irrelevant findings, unwarranted claims, unacceptable interpretations, and personal views. Publications that have not undergone peer review are likely to be regarded with suspicion by academic scholars and professionals.