Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25863 
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dc.contributor.authorFisher, Eric O'N.en
dc.contributor.authorMay, Sharon L.en
dc.date.accessioned2006-10-18-
dc.date.accessioned2009-07-28T08:13:03Z-
dc.date.available2009-07-28T08:13:03Z-
dc.date.issued2006-
dc.identifier.urihttp://hdl.handle.net/10419/25863-
dc.description.abstractUsing OECD input output matrices consistently, we offer a tentative solution to the mystery of missing trade. First, we confirm the usual rejection of factor price equalization and identical technologies. Second, we develop a new technique to compute the factor content of trade when countries' technologies are different. Measuring factor content conventionally, we find a putative paucity of trade in these data. When factor content is measured correctly, theory predicts the direction and volume of trade more accurately. Thus measuring the factor content of trade according to the country of origin may vindicate the Heckscher-Ohlin-Vanek paradigm.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1818en
dc.subject.jelF1en
dc.subject.jelD5en
dc.subject.jelC67en
dc.subject.ddc330en
dc.titleRelativity in trade theory: towards a solution to the mystery of missing trade-
dc.typeWorking Paperen
dc.identifier.ppn518889777en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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