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Testing two trade models in Latin American agriculture

Authors :
Arnade, Carlos Anthony
Publication Year :
1994

Abstract

The Heckscher-Ohlin and M!irkusen models state that countries export the goods intensive in the use of their relatively abundant factor. Latin American agricultural trade is consistent with both models. The paper then shows that Latin American agricultural trade is primarily explained by country differences in relative factor abundance between countries rather than differences in technology. This finding does not reject the Heckscher-Ohlin model but rejects one of Markusen's models.

Details

Language :
English
Database :
OpenAIRE
Accession number :
edsair.doi...........5f30e7036d3e311f5bf24a461c5fe3e0
Full Text :
https://doi.org/10.22004/ag.econ.173304