A Technique for Indicating Comparative and Perdicting Changes in Trade Ratios

Robert Baldwin and R. Spence Hilton

No 1198, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper estimates relative differences in factor prices (and thus industry comparative cost differences) between the United States and each of eight country groups by relating differences in factor-use requirement and actual bilateral export/import ratios across industries. Predictions concerning changes in industry export/import ratios are also made (and tested against actual subsequent changes) by comparing these trade ratios with those expected on the basis of the estimated average differences infactor costs and assuming that adjustment lags are the major reason for the differences between these ratios.

Date: 1983-09
Note: ITI IFM
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published as Baldwin, Robert E. and R. Spence Hilton. "A Technique for Indicating Comparative Costs and Predicting Changes in Trade Ratios," The Review of Economics and Statistics, Vol. LXVI, No. 1, February 1984, pp. 105-110.

Downloads: (external link)
http://www.nber.org/papers/w1198.pdf (application/pdf)

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:nbr:nberwo:1198

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w1198

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().