Search Results - subject:"Factor Proportions"

There is still life in factor proportions model : an evidence from the selected OECD countries

Jošić, Hrvoje; Žmuk, Berislav - In: European journal of comparative economics 20 (2023) 2, pp. 193-221

The factor proportions model, also known as the Heckscher-Ohlin model, is the main neoclassical model of international … factor proportions model a country should specialize in the production and export of products that make use of its relatively … abundant factor of production. The factor proportions model was heavily empirically investigated in the last seventy years. The …

Persistent link: https://www.econbiz.de/10014477107

Energy security as a source of international competitiveness in new EU member states

Nyga-Łukaszewska, Honorata; Napiórkowski, Tomasz M. - In: International journal of management and economics 59 (2023) 3, pp. 209-224

Energy security and international competitiveness are two of the most fiercely discussed topics - especially in the light of the European Union (EU)'s dependence on Russia's gas, oil, and coal. Both mentioned concepts are of special importance for the so-called EU new member states (EU NMS),...

Persistent link: https://www.econbiz.de/10014444698

Comparative advantages in the digital era : a Heckscher-Ohlin-Vanek approach

Guarascio, Dario; Stöllinger, Roman - 2022

This paper revisits the Heckscher-Ohlin-Vanek (HOV) theorem and investigates its fit for digital tasks and ICT capital, which both represent endowment factors that are expected to shape the digital transformation. We use a theory-consistent methodology for calculating the measured net factor...

Persistent link: https://www.econbiz.de/10013274240

Assessing structural coherence with factor proportions of tradable sectors in Indian economy

Tandon, Anjali - 2022

the industrial structure is expected to align with factor- intensive sectors, structural coherence with factor proportions … supplies. Therefore, an underestimation of the factor proportions across sectors of the economy cannot be ruled out if … of factor proportions from the additional accounting for interlinkages with the non-tradables. Second, to study the …

Persistent link: https://www.econbiz.de/10013291347

An account of the exporter wage gap : wage structure and composition effects across the wage distribution

Groizard Cardosa, José Luis; Oliver, Xisco; Sard, María - In: The world economy : the leading journal on … 45 (2022) 5, pp. 1528-1563

Persistent link: https://www.econbiz.de/10013188241

Finance, trade, man and machines: a new-Ricardian Heckscher-Ohlin-Samuelson model

Marjit, Sugata; Das, Gouranga Gopal - 2022

This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...

Persistent link: https://www.econbiz.de/10013173767

On Theories Explaining the Success of the Gravity Equation

Evenett, Simon J.; Keller, Wolfgang - 2022

We analyze two main theories of international trade, the Heckscher-Ohlin theory and the Increasing Returns trade theory, by examining whether they can account for the empirical success of the so-called Gravity Equation. Since versions of both models can generate this prediction, we tackle the...

Persistent link: https://www.econbiz.de/10013322300

Inequality and Trade

Mitra, Devashish; Trindade, Vitor - 2022

We incorporate demand-side considerations in trade in a systematic but straightforward way. We do so by focusing on the role of inequality in the determination of trade flows and patterns. With nonhomothetic preferences, when countries are similar in all respects but asset inequality, we find...

Persistent link: https://www.econbiz.de/10014074568

On the Distributional Effects of International Tariffs

Carroll, Daniel; Hur, Sewon - 2022

We provide a quantitative analysis of the distributional effects of the 2018 increase in tariffs by the U.S. and its major trading partners. We build a trade model with incomplete asset markets and households that are heterogeneous in their age, income, wealth and labor skill. When tariff...

Persistent link: https://www.econbiz.de/10013306622

An Account of Global Factor Trade

Davis, Donald R.; Weinstein, David E. - 2022

A half-century of empirical work on the factor proportions theory has identified devise simple amendments that bring …

Persistent link: https://www.econbiz.de/10013308324

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