Are factor endowments fate?
نویسندگان
چکیده
منابع مشابه
Factor Endowments, Democracy, and Trade Policy Divergence
We develop a stochastic model of electoral competition in order to study the economic and political determinants of trade policy. We model a small open economy with two tradable goods, each of which is produced using a sectorspecific factor (e.g., land and capital) and another factor that is mobile between these tradable sectors (labor); one nontradable good, which is also produced using a spec...
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In this study, we look at the determinants of industry-level capital intensities. Using cross-country data, we find that the most important determinant is a country’s factor endowment. In addition, we find that measures of labor regulation and financial development also matter: less restrictive labor regulations and greater financial development are associated with lower and higher capital-inte...
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ژورنال
عنوان ژورنال: Revista de Historia Económica / Journal of Iberian and Latin American Economic History
سال: 2010
ISSN: 0212-6109,2041-3335
DOI: 10.1017/s0212610909990048