Using international and Japanese regional data to determine when the factor abundance theory of trade works

被引：6

作者：

Davis, DR

Weinstein, DE

Bradford, SC

Shimpo, K

机构：

[1] NATL BUR ECON RES,CAMBRIDGE,MA 02138

[2] UNIV MICHIGAN,SCH BUSINESS,ANN ARBOR,MI 48109

[3] KEIO UNIV,FAC BUSINESS & COMMERCE,MINATO KU,TOKYO 108,JAPAN

来源：

AMERICAN ECONOMIC REVIEW | 1997年 / 87卷 / 03期

关键词：

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The Heckscher-Ohlin-Vanek (HOV) model of factor service trade is a mainstay of international economics. Empirically, though, it is a flop. This warrants a new approach. We test the HOV model with international and Japanese regional data. The strict HOV model performs poorly because it cannot explain the international location of production. Restricting the sample to Japanese regions provides no help, inter alia giving rise to what Daniel Trefler calls the ''mystery of the missing trade.'' However, when we relax the assumption of universal factor price equalization, results improve dramatically. In sum, the HOV model performs remarkably well. (JEL F11, F14, R13)

引用

页码：421 / 446

页数：26

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