Showing 1 - 10 of 91
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
The Heckscher-Ohlin-Vanek (HOV) model in its strict form has been strongly rejected by the data. Relaxing some assumptions of the standard HOV model is key to find improvements in its performance. We apply Davis and Weinstein (2001) methodology to analyse the validity of the HOV model using...
Persistent link: https://www.econbiz.de/10008763163
The Heckscher-Ohlin-Vanek (HOV) model in its strict form has been strongly rejected by the data. Relaxing some assumptions of the standard HOV model is key to find improvements in its performance. We apply the Davis and Weinstein (2001) methodology to analyse the validity of the HOV model using...
Persistent link: https://www.econbiz.de/10008866242
This paper investigates the factor content of international trade of the Spanish regions with the EU-15, using the available regional Input-Output Tables around 1995. The results indicate that Spanish regions exhibit a revealed comparative advantage in line with the predictions of the factor...
Persistent link: https://www.econbiz.de/10010992208
The existence of a large border effect is considered as one of the main puzzles of international macroeconomics. We show that the border effect is, to a large extent, an artefact of geographic concentration. In order to do so we combine international flows with intranational flows data...
Persistent link: https://www.econbiz.de/10008861931
We use migration-trade data from Italian, Portuguese and Spanish provinces to examine the importance of geographic proximity in the effectiveness of ethnic networks on bilateral trade. Empirical findings from the gravity model show that the migration-trade link is clearly in-province: exports...
Persistent link: https://www.econbiz.de/10011041806
We use province migration-trade panel data to examine the importance of geographic proximity in the effectiveness of ethnic networks on bilateral trade. Empirical findings from the gravity model show that the migration-trade link is clearly in-province: exports from a province to a country do...
Persistent link: https://www.econbiz.de/10010548977
Este trabajo analiza el funcionamiento del modelo Heckscher-Ohlin- Vanek (HOV) aplicando la metodología de Leamer (1980) en un contexto regional. Para ello se desarrolla el contraste completo para el comercio total, interregional e internacional, de las regiones españolas en 1995. La evidencia...
Persistent link: https://www.econbiz.de/10008514956
We implement the “lens condition” of Deardoff [J. Inter. Econ. (1994), 36, 167-175], to investigate whether lumpiness, an excessively uneven geographic distribution of production factors, is large enough to allow for regional specialization of production at different factor prices. Using...
Persistent link: https://www.econbiz.de/10005690331
Este trabajo presenta por primera vez un contraste empírico de la validez de la ecuación (Heckscher-Ohlin-Vanek) con datos de comercio interregional de España. Los resultados revelan que el modelo de proporciones factoriales en su versión estricta predice bastante bien la dirección de...
Persistent link: https://www.econbiz.de/10005736092