haku: @author Harrigan, J. / yhteensä: 3
viite: 2 / 3
Tekijä: | Harrigan, J. |
Otsikko: | Technology, factor supplies, and international specialization: estimating the neoclassical model |
Lehti: | American Economic Review
1997 : SEP, VOL. 87:4, p. 475-494 |
Asiasana: | ECONOMICS TECHNOLOGY INTERNATIONAL |
Kieli: | eng |
Tiivistelmä: | The neoclassical model of trade predicts that international specialization will be jointly determined by cross-country differences in relative factor endowments and technology levels. This paper specifies an empirical model of specialization consistent with the neoclassical explanation. In the model, a sector's share of GDP depends on relative factor supplies and relative technology differences, and the estimated parameters of the model have a clear connection to theoretical parameters. |
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