A Test of the General Validity of the Heckscher-Ohlin Theorem for Trade in the European Community /
While the Heckscher-Ohlin-Vanek (HOV) theorem has been a dominant paradigm in trade theory, the empirical evidence to support it has been weak. This paper develops a modified HOV model that allows technologies to differ across countries. The revised model significantly improves the theory's acc...
Glavni autor: | |
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Format: | Žurnal |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
1999.
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Serija: | IMF Working Papers; Working Paper ;
No. 1999/070 |
Online pristup: | Full text available on IMF |