Specialization, factor accumulation and development

被引:19
作者
Fitzgerald, D [1 ]
Hallak, JC
机构
[1] Univ Calif Santa Cruz, Dept Econ, Santa Cruz, CA 95064 USA
[2] Univ Michigan, Dept Econ, Ann Arbor, MI 48109 USA
关键词
specialization; endowments; productivity; accumulation; development;
D O I
10.1016/j.jinteco.2003.09.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
We estimate the effect of factor proportions on the pattern of manufacturing specialization in a cross-section of OECD countries, taking into account that factor accumulation responds to productivity. We show that the failure to control for productivity differences produces biased estimates. Our model explains 2/3 of the observed differences in the pattern of specialization between the poorest and richest OECD countries. However, because factor proportions and the pattern of specialization co-move in the development process, their strong empirical relationship is not sufficient to determine whether specialization is driven by factor proportions, or by other mechanisms also correlated with level of development, (C) 2004 Published by Elsevier B.V.
引用
收藏
页码:277 / 302
页数:26
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