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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w6815 |
来源ID | Working Paper 6815 |
Do Endowments Predict the Location of Production? Evidence from National and International Data | |
Jeffrey R. Bernstein; David E. Weinstein | |
发表日期 | 1998-11-01 |
出版年 | 1998 |
语种 | 英语 |
摘要 | Examining the relationship between factor endowments and production patterns using international and Japanese regional data, we provide the first empirical confirmation of Ethier's correlation approach to the Rybczynski theorem. Moreover, we find evidence of substantial production indeterminacy. Prediction errors are six to thirty times larger for goods traded relatively freely. A compelling explanation of this phenomenon is the existence of more goods than factors in the presence of trade costs. This result implies that regressions of trade or output on endowments have weak theoretical foundations. Furthermore, since errors are largest in data sets where trade costs are small, we explain why the common methodology of imputing trade barriers from regression residuals often leads to backwards results. |
主题 | International Economics ; Trade ; Regional and Urban Economics ; Regional Economics |
URL | https://www.nber.org/papers/w6815 |
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/564324 |
推荐引用方式 GB/T 7714 | Jeffrey R. Bernstein,David E. Weinstein. Do Endowments Predict the Location of Production? Evidence from National and International Data. 1998. |
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 | ||
w6815.pdf(278KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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