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Recent empirical papers testing the performance of the Heckscher-Ohlin-Vanek (HOV) model suggest the need to relax its restrictive assumptions in order to reconcile the theory with the data. This paper examines whether introducing factor productivity differences could help to improve the...
Persistent link: https://www.econbiz.de/10008751800
Persistent link: https://www.econbiz.de/10010567563
This paper uses an interregional input output model to estimate the economic impact of the EU structural funds received by the Spanish regions during the period 1995-1999. We attempt to cast further light on the interregional effects that the funds have produced in terms of output, value added...
Persistent link: https://www.econbiz.de/10004982451