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Comparative Advantage in International Trade: Theory and Evidence (Studies in Empirical Economics) [Hardcover]

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Item description for Comparative Advantage in International Trade: Theory and Evidence (Studies in Empirical Economics) by Mirela Keuschnigg...

The book addresses the empirical validity of the factor proportions theory based on a new, extensive data basis. Departing from Heckscher-Ohlin theory, it extends existing models by allowing factor productivities and factor prices to differ across countries. It reformulates ranking proportions derived from the Heckscher-Ohlin-Vanek equations. Based on these models, it empirically investigates in a cross-industry framework the patterns of international trade for a big sample of countries. The results support the value version of the HOV-model, especially in the case of developing countries. Moreover, the HOV model with perfect competition cannot be rejected in favour of a model allowing for scale economies and product differentiation.



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Item Specifications...


Pages   164
Est. Packaging Dimensions:   Length: 9.75" Width: 6.5" Height: 0.5"
Weight:   0.85 lbs.
Binding  Hardcover
Publisher   Physica-Verlag
ISBN  3790811564  
ISBN13  9783790811568  


Availability  0 units.


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Product Categories

1Books > Subjects > Business & Investing > Economics > Exports & Imports
2Books > Subjects > Business & Investing > Economics > General
3Books > Subjects > Business & Investing > Economics > Economics
4Books > Subjects > Business & Investing > General
5Books > Subjects > Business & Investing > International > General
6Books > Subjects > Professional & Technical > Professional Science > Mathematics > Applied > General



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