One Size Fits All? Heckscher-Ohlin Specialization in Global Production
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چکیده
منابع مشابه
One Size Fits All? Heckscher-Ohlin Specialization in Global Production
Many previous tests of Heckscher-Ohlin trade theory have found underwhelming support for the idea that countries’ endowments determine their production and trade. This paper demonstrates that those efforts suffer from their focus on the narrower of the model’s two potential equilibria, which assumes that all countries produce all goods. In this paper we introduce a more general technique for te...
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Previous research has uncovered precious little support for Heckscher-Ohlin trade theory. This paper demonstrates that those efforts focus on an overly restrictive version of the model. Indeed, strong evidence that output is a function of endowments can be found if we recognize that countries with sufficiently disparate endowments specialize in different subsets of goods. This paper develops a ...
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Teachers are increasingly being drawn from the lower parts of the general ability distribution, but it is not clear how this affects student achievement. We track the position of entering teachers in population-wide cognitive and non-cognitive ability distributions using school grades and draft records from Swedish registers. The impact on student achievement caused by the position of teachers ...
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Eli Heckscher (1919) and Bertil Ohlin (1933) laid the groundwork for substantial developments in the theory of international trade by focusing on the relationships between the composition of countries’ factor endowments and commodity trade patterns as well as the consequences of free trade for the functional distribution of income within countries. From the outset general equilibrium forms of a...
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The Heckscher-Ohlin model with arbitrary number of goods, factors and countries (consumers) and no restrictions on factor trading is shown to be equivalent to an exchange model whose goods are the productive factors while consumer’s indirect demands for factors are derived from their actual demands for consumption goods. This equivalence enables one to import properties like the pathconnectedne...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2003
ISSN: 0002-8282
DOI: 10.1257/000282803322157043