Measuring Factor Abundance Across Many Factors and Countries

Farhad Rassekh () and Henry Thompson

Open Economies Review, 2002, vol. 13, issue 3, 237-249

Abstract: Empirical studies of factor proportion theory face the challenge of measuring factor abundance in a world with many factors of production and countries. This paper introduces a mean weighted measure of factor abundance, and using data for nine factors and 33 countries, presents the resulting factor abundance rankings. These rankings, unlike others in the literature, are quite sensible. Further, there is a positive empirical link between factor abundance and factor content for each factor except agricultural labor. Copyright Kluwer Academic Publishers 2002

Keywords: factor abundance; factor proportion model (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1023/A:1015291819981

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