Lassiter, Gregory C.; Sisler, Daniel G. - In: Philippine Review of Economics 21 (1984) 1&2, pp. 59-76
This paper tests empirically whether the factor proportions of Hecksher-Ohlin theory is applicable to two countries with highly contrasting factor endowments -- the United States and the Philippines. A multi-factor model is presented which includes measures of skilled labor, technology and...