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International Trade in Manufactured Products A Ricardo-Heckscher-Ohlin Explanation with Monopolistic Competition

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...

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Bibliographic Details
Main Author: Choudhri, Ehsan
Other Authors: Hakura, Dalia
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2001
Series:IMF Working Papers
Subjects:
Finance
International Trade Organizations
Productivity
Trade Policy
Cost
Capital And Total Factor Productivity
Production
Industrial Productivity
Competition
Trade: General
Exports And Imports
General Financial Markets: General (includes Measurement And Data)
International Economics
Total Factor Productivity
Models Of Trade With Imperfect Competition And Scale Economies
Macroeconomics: Production
Financial Markets
Commercial Policy
International Trade
Exports
Trade Barriers
Macroeconomics
Capacity
Finance: General
Neoclassical Models Of Trade
Production And Operations Management
United States
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:27 pages
ISBN:9781451846102

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