| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3841 |
| DP3841 On the Desirability of an Efficiency Defense in Merger Control | |
| Paul Heidhues; Johan Lagerlof | |
| 发表日期 | 2003-03-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | This Paper analyses patterns of production across 14 industries in 45 regions from seven European countries since 1975. We estimate a structural equation derived directly from neoclassical trade theory that relates an industry?s share of a region?s GDP to factor endowments, relative prices and technology. Although factor endowments play a statistically significant and quantitatively important role in explaining production patterns, the Heckscher-Ohlin model is rejected against more general alternatives that allow for regional variation in relative prices and technology. Factor endowments are more successful at explaining patterns of production in aggregate industries (Agriculture, Manufacturing, Services) than in disaggregated industries within Manufacturing. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Factor endowments Heckscher-ohlin Neoclassical model Specialization European integration |
| URL | https://cepr.org/publications/dp3841 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532824 |
| 推荐引用方式 GB/T 7714 | Paul Heidhues,Johan Lagerlof. DP3841 On the Desirability of an Efficiency Defense in Merger Control. 2003. |
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