Intra-industry trade: A Heckscher-Ohlin-Ricardo approach

Economic Competitiveness and Environmental Policy: An Application of the Heckscher-Ohlin-Vanek (HOV) Model

The relationship between trade liberalisation and the environment has been the subject of a growing body of literature in recent years. As can be seen from the differing assessment of instrument types for environmental protection, one of the important factors for the relationship between environmental protection and economic competitiveness are regulatory stringency and efficiency. This concern...

Consolidation, Economies of Scale, and the Heckscher- Ohlin Theory of Trade-An Empirical Analysis of U.S. Meat Processing Industry

Heckscher-Ohlin explained by Walras

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...

Empirical foundations for the resurrection of Heckscher–Ohlin theory

We decompose the factor content of trade into Heckscher–Ohlin–Vanek trade and Ricardian trade. We measure factor content using only the United States' technology and also as Leontief advocated, using the local technology. In either case, differences in endowments are quite important in explaining the factor content of trade. If one uses raw estimated coefficients as a means of comparison, diffe...

Heckscher–ohlin Trade Theory

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...