Factor Prices, Factor Proportions, and Factor Endowments in the Pacific Northwest: A Regional Test of the Heckscher-Ohlin Theorem for the n-factor Case
AbstractA generalized version of the Heckscher-Ohlin model of trade has been developed by A. V. Deardorff for the "l"-factor, "m"-commodity, and "n"-country case. To test the validity of the Deardorff's model, first the factor content and commodity composition of trade between the Pacific Northwest (PNW) and the rest of the United States reestimated. These estimated values are then employed in a model to examine the degree of importance of relatively cheap energy and capital prices and relatively expensive wage rates in determining the level and composition of the PNW's trade with the rest of the United States. This study finds that the Pacific Northwest has a comparative advantage in the production of those goods which intensively use energy and capital and sparingly use labor in their production processes. This finding is, of course, in accord with the prediction of Deardorff's model.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Springer in its journal Annals of Regional Science.
Volume (Year): 27 (1993)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00168/index.htm
More information through EDIRC
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.