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Does Skill Content Explain Total Trade and Intra-Industry Trade?

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Author Info
Manuel Cabral
Rod Falvey
Chris Milner

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Abstract

This study compares the results of skill content tests for types of trade flows under alternative assumptions about the technologies used to produce imports and exports. For trade between high- and middle-income countries, we show that the match between the actual skill content of trade and that predicted by endowments in a Heckscher-Ohlin-Vanek framework improves substantially if technological heterogeneity across countries is allowed for and if the factor content of intra-industry trade is included with that of inter-industry trade. Endowment differences are important in explaining net trade and vertical intra-industry trade, but not horizontal intra-industry trade. Copyright (c) Blackwell Publishing Ltd and the Department of Economics, University of Oxford, 2009.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0084.2009.00555.x
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Publisher Info
Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics and Statistics.

Volume (Year): 71 (2009)
Issue (Month): 5 (October)
Pages: 601-619
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Handle: RePEc:bla:obuest:v:71:y:2009:i:5:p:601-619

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0305-9049

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This page was last updated on 2009-11-22.


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