search query: @indexterm Global models / total: 19
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| Author: | Schott, P.K. |
| Title: | One size fits all? Heckscher-Ohlin specialization in global production |
| Journal: | American Economic Review
2003 : JUN, VOL. 93:3, p. 686-708 |
| Index terms: | Global models Production Specialization |
| Language: | eng |
| Abstract: | A new technique for testing the Heckscher-Ohlin model that allows for the possibility that countries with sufficient disparate endowments specialize in unique subsets of goods is introduced. The results that are based upon industry-level data reject one-size-fits-all homogeneity in favor of Heckscher-Ohlin specialization. It is also revealed by the results that industry-level data hide substantial intra-industry heterogeneity, violating the assumptions of the model and complicating the interpretation of results from earlier research. |
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