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The standard neoclassical model of trade theory predicts that international specialization will be jointly determined by cross-country differences in relative factor endowments and relative technology levels. This paper uses economic theory to specific an empirical model of specialization...
Persistent link: https://www.econbiz.de/10014075279
The standard neoclassical model of trade theory predicts that international specialization will be jointly determined by cross-country differences in relative factor endowments and relative technology levels. This paper uses economic theory to specific an empirical model of specialization...
Persistent link: https://www.econbiz.de/10014064356
The standard neoclassical model of trade theory predicts that international specialization will be jointly determined by cross-country differences in relative factor endowments and relative technology levels. This paper uses duality theory combined with a flexible functional form to specify an...
Persistent link: https://www.econbiz.de/10005778049
Bilateral, product-level data exhibit a number of strong patterns that can be used to evaluate international trade theories, notably the spatial incidence of "export zeros" (correlated with distance and importer size), and of export unit values (positively related to distance). We show that...
Persistent link: https://www.econbiz.de/10009003468
Bilateral, product-level data exhibit a number of strong patterns that can be used to evaluate international trade theories, notably the spatial incidence of "export zeros" (correlated with distance and importer size), and of export unit values (positively related to distance). We show that...
Persistent link: https://www.econbiz.de/10005791550
Persistent link: https://www.econbiz.de/10003953795
"China's trade pattern is influenced not just by its overall comparative advantage in labor intensive goods but also by geography. We use two variants of the Eaton-Kortum (2002) model to study China's local comparative advantage. The theory predicts that China's share of export markets should...
Persistent link: https://www.econbiz.de/10003693511
Persistent link: https://www.econbiz.de/10001636682
Persistent link: https://www.econbiz.de/10001629623
Persistent link: https://www.econbiz.de/10001788378