The Factor-Proportions Model with Many Nations, Goods and Factors: Theory and Evidence

Jon Harkness

Working Paper from Economics Department, Queen's University

Abstract: This paper investigates implications of the factor-proportions trade model for a world with many nations, good and factors where none of the standard assumptions used to generate international equalization of product and factor prices necessarily hold. The model is tested on 1961 data for Canada, the U.S. and the rest of the world (ROW). The model fits observed multi- and bi-lateral trade patterns among the three regions well. Nonetheless, the Heckscher-Ohlin propositions do not hold on total U.S. or bilateral U.S.-ROW trade. They do hold for Canadian and Canada-U.S. bilateral trade.

Pages: 32
Date: 1979
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:358

Access Statistics for this paper

More papers in Working Paper from Economics Department, Queen's University Contact information at EDIRC.
Bibliographic data for series maintained by Mark Babcock ().