An account of global factor trade

被引:182
作者
Davis, DR [1 ]
Weinstein, DE
机构
[1] Columbia Univ, Dept Econ, New York, NY 10027 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
关键词
D O I
10.1257/aer.91.5.1423
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 rest-of-world aggregate.
引用
收藏
页码:1423 / 1453
页数:31
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