Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/68640 
Year of Publication: 
1996
Series/Report no.: 
Reihe Ökonomie / Economics Series No. 24
Publisher: 
Institute for Advanced Studies (IHS), Vienna
Abstract: 
Based on the Heckscher-Ohlin-Vanek (H-O-V) theory, the paper develops theoretical models that lead to estimating cross-industry equations in a proper way, when allowing for departures from some of the strong assumptions of the H-O theory, such as perfect competition, equal factor unit requirements and factor prices across countries, and internationally immobile factors. Based on these theoretical models we try to address properly the issue of empirical estimation of the H-O-V equations, as well as to reformulate the rank hypotheses that allow for direct tests of the H-O-V theory when some of the assumptions of the original factor-proportions theory are relaxed.
Subjects: 
international trade
comparative advantage
increasing returns to scale
product differentiation
factor-content
JEL: 
F11
F12
F14
Document Type: 
Working Paper

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