The Development and Testing of Heckscher-Ohlin Trade Models: A Review
نویسنده
چکیده
منابع مشابه
Economic Competitiveness and Environmental Policy: An Application of the Heckscher-Ohlin-Vanek (HOV) Model
The relationship between trade liberalisation and the environment has been the subject of a growing body of literature in recent years. As can be seen from the differing assessment of instrument types for environmental protection, one of the important factors for the relationship between environmental protection and economic competitiveness are regulatory stringency and efficiency. This concern...
متن کاملEmpirical evidence on Heckscher-Ohlin trade theorem: the case of international trade between Croatia and the rest of the European Union member states*
The goal of this research is to test the Heckscher-Ohlin’ theorem of comparative advantages on the sample of the Republic of Croatia and other European Union member countries. Heckscher-Ohlin theorem of comparative advantages can largely explain international trade in cases where the sample of countries is heterogeneous, in terms of the achieved level of development and the production factors a...
متن کاملOne Size Fits All? Heckscher-Ohlin Specialization in Global Production
Many previous tests of Heckscher-Ohlin trade theory have found underwhelming support for the idea that countries’ endowments determine their production and trade. This paper demonstrates that those efforts suffer from their focus on the narrower of the model’s two potential equilibria, which assumes that all countries produce all goods. In this paper we introduce a more general technique for te...
متن کاملExamination of Iran's Factor Content of Trade using International Input–output Tables
Numerous models are proposed to model international trade and promote it. Vanek, instead of designing a trade pattern based on the production, introduced a pattern based on the factor content of trade. In the present study, apart from the Heckscher-Ohlin-Vanek (HOV) theorem, we attempt to determine the factor content of Iran's trade without factor price equalization by using internal input-outp...
متن کاملThe Heckscher-Ohlin Model and the Network Structure of International Trade
This paper estimates for 28 product groups a characteristic parameter that reflects the topological structure of its trading network. Using these estimates, it then describes how the structure of international trade has evolved during during the 19802000 period. Thereafter, it demonstrates the importance of networks in international trade by explicitly accounting for their scaling properties wh...
متن کامل