International Trade in Manufactured Products [electronic resource] : A Ricardo-Heckscher-Ohlin Explanation with Monopolistic Competition / Ehsan U Choudhri.
Material type:
TextSeries: IMF Working Papers; Working Paper ; No. 01/41Publication details: Washington, D.C. : International Monetary Fund, 2001Description: 1 online resource (27 p.)ISBN: 145184610X :ISSN: 1018-5941Subject(s): Intermediate Goods | Intermediate Inputs | Monopolistic Competition | Ricardian and Heckscher-Ohlin Models | TFP | Trade Barriers | France | Germany | Italy | JapanAdditional physical formats: Print Version:: International Trade in Manufactured Products : A Ricardo-Heckscher-Ohlin Explanation with Monopolistic CompetitionOnline resources: IMF e-Library | IMF Book Store Abstract: A large data set on trade in manufactured products is used to evaluate the performance of a model that combines both the Ricardian and Heckscher-Ohlin effects and incorporates monopolistic competition. The paper estimates a relation implied by the model to explain relative sectoral exports of major countries to a number of important markets, using 1970-90 data for nine manufacturing sectors. The relation fits the data well and variables suggested by both traditional and new trade models play an important role in explaining relative exports.
A large data set on trade in manufactured products is used to evaluate the performance of a model that combines both the Ricardian and Heckscher-Ohlin effects and incorporates monopolistic competition. The paper estimates a relation implied by the model to explain relative sectoral exports of major countries to a number of important markets, using 1970-90 data for nine manufacturing sectors. The relation fits the data well and variables suggested by both traditional and new trade models play an important role in explaining relative exports.
Description based on print version record.
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