Author: | Davis, D. R. Weinstein, D. E. |
Title: | An account of global factor trade |
Journal: | American Economic Review
2001 : DEC, VOL. 91:5, p. 1423-1453 |
Index terms: | Economic theory Econometric models Trade |
Language: | eng |
Abstract: | The 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. |
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