An Account of Global Factor Trade

Donald Davis () and David Weinstein

American Economic Review, 2001, vol. 91, issue 5, 1423-1453

Abstract: A half century of empirical work attempting to predict the factor content of trade in goods has failed to bring theory and data into congruence. Our study shows how the Heckscher-Ohlin-Vanek theory, when modified to permit technical differences, a breakdown in factor price equalization, the existence of nontraded goods, and costs of trade, is consistent with data from ten OECD countries and a rest-of-world aggregate.

JEL-codes: F11 (search for similar items in EconPapers)
Date: 2001
Note: DOI: 10.1257/aer.91.5.1423
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (220)

Downloads: (external link)
http://www.aeaweb.org/articles.php?doi=10.1257/aer.91.5.1423 (application/pdf)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
Working Paper: An Account of Global Factor Trade (1999)
Working Paper: An Account of Global Factor Trade (1998)
Working Paper: An Account of Global Factor Trade (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:aecrev:v:91:y:2001:i:5:p:1423-1453

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/journals/subscriptions

Access Statistics for this article

American Economic Review is currently edited by Esther Duflo

More articles in American Economic Review from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().