UNITED-STATES TECHNOLOGY AND THE SPECIFIC-FACTORS MODEL
成果类型：
Article; Proceedings Paper
署名作者：
KOHLI, U
署名单位：
University of Colorado System; University of Colorado Boulder
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/0022-1996(93)90069-A
发表日期：
1993
页码：
115-136
关键词：
摘要：
This paper reports empirical estimates of one of the most popular models of international trade theory, the specific-factors model. Two outputs - consumption goods and investment goods - and two factors - labor and capital - are considered. Labor is assumed to be mobile between sectors, while capital is assumed to be sector specific. Assuming that the relative supplies of the two types of capital are constant through time, the model can be estimated with aggregate data even though the sector-specific capital stocks are not observable. Empirical results show that the model does substantially better than under the Heckscher-Ohlin production structure.