haku: @author Schott, P.K. / yhteensä: 2
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Tekijä: | Schott, P.K. |
Otsikko: | One size fits all? Heckscher-Ohlin specialization in global production |
Lehti: | American Economic Review
2003 : JUN, VOL. 93:3, p. 686-708 |
Asiasana: | Global models Production Specialization |
Kieli: | eng |
Tiivistelmä: | 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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