haku: @journal_id 7 / yhteensä: 1856
viite: 185 / 1856
Tekijä: | Trefler, D. Zhu, S. C. |
Otsikko: | Beyond the algebra of explanation: HOV for the technology age |
Lehti: | American Economic Review
2000 : MAY, VOL. 90:2, p. 145-149 |
Asiasana: | ECONOMICS TRADE EMPIRICAL RESEARCH |
Kieli: | eng |
Tiivistelmä: | It is hard to believe that factor-endowments theory could offer an adequate explanation of international trade patterns. While the theory adequately predicts Saudi Arabian oil exports, it hardly seems appropriate for explaining the revolutionary impact of new technologies on world trade. Yet to take this position is to misunderstand the thrust of recent empirical research in international trade. |
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