Development-related biases in factor productivities and the HOV model of trade
Past empirical failures of the basic Heckscher-Ohlin-Vanek (HOV) model related to the inability of data to meet its restrictive assumptions, particularly identical international technologies and factor price equalization. Trefler (1993) tried to resuscitate HOV by introducing a simple Hicks-neutral...
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Format: | UnknownFormat |
Sprache: | eng |
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Munich
Univ., Center for Economic Studies u.a.
2008
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Schriftenreihe: | CESifo working paper series Trade policy
2253 |
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