An Account of Global Factor Trade
نویسندگان
چکیده
منابع مشابه
An Account of Global Factor Trade
A half century of empirical work attempting to predict the factor content of trade in goods has failed to bring theory and data into congruence. Our study shows how the Heckscher-Ohlin-Vanek theory, when modified to permit technical differences, a breakdown in factor price equalization, the existence of nontraded goods, and costs of trade, is consistent with data from ten OECD countries and a r...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2001
ISSN: 0002-8282
DOI: 10.1257/aer.91.5.1423