Ricardian-Heckscher-Ohlin comparative advantage Theory and evidence

成果类型:
Article
署名作者:
Morrow, Peter M.
署名单位:
University of Toronto
刊物名称:
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN:
0022-1996
DOI:
10.1016/j.jinteco.2010.08.006
发表日期:
2010
页码:
137-151
关键词:
Heckscher-Ohlin Ricardian increasing returns to scale omitted variable bias
摘要:
This paper derives and estimates a unified and tractable model of comparative advantage due to differences in both factor abundance and relative productivity differences across industries It derives conditions under which ignoring one force for comparative advantage biases empirical tests of the other I emphasize two empirical results First factor abundance- and relative productivity-based models each possesses explanatory power when nesting the other as an alternate hypothesis Second productivity differences across industries do not bias tests of the HO model in my sample However I find weak and mixed evidence that Heckscher-Ohlin forces can potentially bias tests of the Ricardian model (C) 2010 Elsevier B V All rights reserved