Specialization, factor accumulation and development

• 成果类型: Article
• 署名作者: Fitzgerald, D; Hallak, JC
• 署名单位: University of California System; University of California Santa Cruz; University of Michigan System; University of Michigan
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2003.09.001
• 发表日期: 2004
• 页码: 277-302
• 关键词: specialization; endowments; PRODUCTIVITY; accumulation; Development

摘要

We estimate the effect of factor proportions on the pattern of manufacturing specialization in a cross-section of OECD countries, taking into account that factor accumulation responds to productivity. We show that the failure to control for productivity differences produces biased estimates. Our model explains 2/3 of the observed differences in the pattern of specialization between the poorest and richest OECD countries. However, because factor proportions and the pattern of specialization co-move in the development process, their strong empirical relationship is not sufficient to determine whether specialization is driven by factor proportions, or by other mechanisms also correlated with level of development, (C) 2004 Published by Elsevier B.V.