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Heckscher-Ohlin trade theory suggests that greater openness tends to enlarge intercountry differences in stocks of skill (or human capital), which new growth theory suggests would cause intercountry divergence of per capita incomes. Econometric analysis of data on about ninety countries during...
Persistent link: https://www.econbiz.de/10005564406
Heckscher-Ohlin trade theory suggests that greater openness enlarges inter-country differences in stocks of skill (or human capital), which new growth theory suggests would cause inter-country divergence of per capita incomes. Econometric analysis of data on about 90 countries during 1960-90...
Persistent link: https://www.econbiz.de/10014075861