| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w7848
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| 来源ID | Working Paper 7848
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| Factor Supplies and Specialization in the World Economy |
| James Harrigan; Egon Zakrajsek
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| 发表日期 | 2000-08-01
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| 出版年 | 2000
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| 语种 | 英语
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| 摘要 | A core prediction of the Heckscher-Ohlin theory is that countries specialize in goods in which they have a comparative advantage, and that the source of comparative advantage is differences in relative factor supplies. To examine this theory, we use the most extensive dataset available and document the pattern of industrial specialization and factor endowment differences in a broad sample of rich and developing countries over a lengthy period (1970-92). Next, we develop an empirical model of specialization based on factor endowments, allowing for unmeasurable technological differences and estimate it using panel data techniques. In addition to estimating the effects of factor endowments, we also consider the alternative hypothesis that the level of aggregate productivity by itself can explain specialization. Our results clearly show the importance of factor endowments on specialization: relative endowments do matter. |
| 主题 | International Economics
; Trade
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| URL | https://www.nber.org/papers/w7848
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565427
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推荐引用方式
GB/T 7714 |
James Harrigan,Egon Zakrajsek. Factor Supplies and Specialization in the World Economy. 2000.
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文件名：
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w7848.pdf
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格式：
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Adobe PDF
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