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dc.contributor.authorHarrigan, Jamesen_US
dc.date.accessioned2012-08-17T14:29:07Z-
dc.date.available2012-08-17T14:29:07Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/60702-
dc.description.abstractThe core subjects of trade theory are the pattern and volume of trade: which goods are traded by which countries, and how much of those goods are traded. The first part of this paper discusses evidence on comparative advantage, with an emphasis on carefully connecting theoretical models with data analyses. The second part of the paper considers the theoretical foundations of the gravity model and reviews the small number of studies that have tried to test, rather than simply use, the implications of gravity. Both parts of the paper yield the same conclusion: we are still in the very early stages of empirically understanding specialization and the volume of trade, but the work that has been done can serve as a starting point for further research.en_US
dc.language.isoengen_US
dc.publisherFederal Reserve Bank of New York New York, NYen_US
dc.relation.ispartofseriesStaff Report, Federal Reserve Bank of New York 140en_US
dc.subject.jelF1en_US
dc.subject.ddc330en_US
dc.subject.stwKomparativer Kostenvorteilen_US
dc.subject.stwFaktorproportionentheoremen_US
dc.subject.stwInternationale Arbeitsteilungen_US
dc.subject.stwGravitationsmodellen_US
dc.subject.stwAußenwirtschaftstheorieen_US
dc.subject.stwSchätzungen_US
dc.subject.stwOECD-Staatenen_US
dc.titleSpecialization and the volume of trade: Do the data obey the laws?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn338665595en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Staff Reports, Federal Reserve Bank of New York

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