International Trade in Manufactured Products : A Ricardo-Heckscher-Ohlin Explanation with Monopolistic Competition /

A large data set on trade in manufactured products is used to evaluate the performance of a model that combines both the Ricardian and Heckscher-Ohlin effects and incorporates monopolistic competition. The paper estimates a relation implied by the model to explain relative sectoral exports of major...

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Hlavní autor: Choudhri, Ehsan
Další autoři: Hakura, Dalia
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2001.
Edice:IMF Working Papers; Working Paper ; No. 2001/041
On-line přístup:Full text available on IMF
Popis
Shrnutí:A large data set on trade in manufactured products is used to evaluate the performance of a model that combines both the Ricardian and Heckscher-Ohlin effects and incorporates monopolistic competition. The paper estimates a relation implied by the model to explain relative sectoral exports of major countries to a number of important markets, using 1970-90 data for nine manufacturing sectors. The relation fits the data well and variables suggested by both traditional and new trade models play an important role in explaining relative exports.
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Fyzický popis:1 online resource (27 pages)
Médium:Mode of access: Internet
ISSN:1018-5941
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students