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.
SCIMA record nr: 229073
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