| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w5625 |
| 来源ID | Working Paper 5625 |
| The Heckscher-Ohlin-Vanek Model of Trade: Why Does It Fail? When Does It Work? | |
| Donald R. Davis; David E. Weinstein; Scott C. Bradford; Kazushige Shimpo | |
| 发表日期 | 1996-06-01 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | The Heckscher-Ohlin-Vanek model of factor service trade is a central construct in international economics. Empirically, though, it is a flop. This warrants a new approach. Using Japanese regional data we are able to test the HOV model by independently examining its component production and consumption elements. The strict HOV model performs poorly because it cannot explain the international location of production. However, relaxing the assumption of universal factor price equalization yields a dramatic improvement. We also solve most of what Trefler (1995) calls the mystery of the missing trade. In sum, the HOV model performs remarkably well. |
| 主题 | International Economics ; Trade ; Microeconomics ; General Equilibrium |
| URL | https://www.nber.org/papers/w5625 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563102 |
| 推荐引用方式 GB/T 7714 | Donald R. Davis,David E. Weinstein,Scott C. Bradford,et al. The Heckscher-Ohlin-Vanek Model of Trade: Why Does It Fail? When Does It Work?. 1996. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w5625.pdf（2338KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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