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The Development and Testing of Heckscher-Ohlin Trade ModelsA Review$
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Robert E. Baldwin

Print publication date: 2008

Print ISBN-13: 9780262026567

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262026567.001.0001

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The Development of Heckscher-Ohlin Trade Models

The Development of Heckscher-Ohlin Trade Models

(p.15) 2 The Development of Heckscher-Ohlin Trade Models
The Development and Testing of Heckscher-Ohlin Trade Models

Robert E. Baldwin

The MIT Press

This chapter surveys the development of the Heckscher–Ohlin (HO) trade theory. It discusses trade theory in the 1930s; the Heckscher–Ohlin–Samuelson (HOS) model; the Heckscher–Ohlin–Vanek (HOV) model; the “new” trade theory and differentiated products; the Helpman non-factor price equalization model; and the Ohlin’s views on modern Heckscher–Ohlin trade models.

Keywords:   trade theory, HO model, Heckscher–Ohlin–Samuelson model, Heckscher–Ohlin–Vanek model, Helpman non-factor price equalization model

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