Jump to ContentJump to Main Navigation
The Development and Testing of Heckscher-Ohlin Trade ModelsA Review$
Users without a subscription are not able to see the full content.

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

Show Summary Details
Page of

PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 05 March 2021

Multi-country, Multifactor Tests

Multi-country, Multifactor Tests

Chapter:
(p.89) 4 Multi-country, Multifactor Tests
Source:
The Development and Testing of Heckscher-Ohlin Trade Models
Author(s):

Robert E. Baldwin

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262026567.003.0043

This chapter examines test results from the Heckscher–Ohlin (HO) proposition in a multi-factor, multi-country framework that began with Maskus (1985) and Bowen, Leamer, and Sveikauskas (1987) and have continued to be carried out by Trefler (1993, 1995), Davis and Weinstein (2001), and others. It also considers empirical tests of the basic Heckscher–Ohlin–Vanek (HOV) relationship which states that the amount of a particular factor of production embodied in a country’s net trade of goods and services equals its endowment of this factor minus its share of world consumption times the world endowment of this factor. Among other topics covered are country-pair tests of the HO proposition and empirical investigations into the importance of intra-industry trade and increasing returns. The test of Helpman’s (1984) non-factor price equalization model undertaken by Choi and Krishna (2004) is also reviewed.

Keywords:   Heckscher–Ohlin proposition, Heckscher–Ohlin–Vanek model, intra-industry trade, non-factor price equalization model

MIT Press Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.