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Comparative Advantage in International Trade: Theory and Evidence
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Comparative Advantage in International Trade: Theory and Evidence (Hardback)

£72.00
Unavailable. This title is Out of Print.
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Synopsis

This text addresses the empirical validity of the factor proportions theory, based on extensive data. Departing from Heckscher-Ohlin-Vanek theory, it extends existing models by allowing factor productivities and factor prices to differ across countries. The book reformulates ranking proportions derived from Heckscher-Ohlin-Vanek equations and, based on these models, it empirically investigates, in a cross-industry framework, the patterns of international trade for a large sample of countries. The results support the value version of the HOV-model, especially in the case of developing countries.

BusinessEconomicsEconomic theory & philosophyBusinessEconomicsInternational economicsInternational trade Publisher: Physica-Verlag GmbH & Co Publication Date: 01/10/1998 ISBN-13: 9783790811568  Details: Type: Hardback Format: Books
Availability: Unavailable. This title is Out of Print.  

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