| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24078 |
| 来源ID | Working Paper 24078 |
| Endowments, Skill-Biased Technology, and Factor Prices: A Unified Approach to Trade | |
| Peter M. Morrow; Daniel Trefler | |
| 发表日期 | 2017-12-04 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We develop a multi-factor, multi-sector Eaton-Kortum model in order to examine the impact of trade costs, factor endowments, and technology (both Ricardian and factor-augmenting) on factor prices, trade in goods, and trade in the services of primary factors (value-added trade). This framework nests the Heckscher-Ohlin-Vanek (HOV) model and the Vanek factor content of trade prediction. We take the model to the data using skilled and unskilled data for 38 countries. We have two findings. First, the key determinants of international variation in the factor content of trade are endowments and international variation in factor inputs used per dollar of output. Input-usage variation in turn is driven by (1) factor-augmenting international technology differences and (2) international factor price differences. Second, our estimates of factor-augmenting international technology differences — which imply cross-country variation in skill-biased technologies — are empirically similar to those used to rationalize cross-country evidence on income differences and directed technical change. |
| 主题 | International Economics ; Trade |
| URL | https://www.nber.org/papers/w24078 |
| 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/581751 |
| 推荐引用方式 GB/T 7714 | Peter M. Morrow,Daniel Trefler. Endowments, Skill-Biased Technology, and Factor Prices: A Unified Approach to Trade. 2017. |
| 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 | ||
| w24078.pdf（567KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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