Technology Differences in Empirical Studies of International Trade
AbstractWe show that the specification of technology differences in recent empirical studies of trade is not supported by basic growth theory and may lead to biased estimates of the pattern of specialization and trade.
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Bibliographic InfoPaper provided by DEGIT, Dynamics, Economic Growth, and International Trade in its series DEGIT Conference Papers with number c016_026.
Length: 8 pages
Date of creation: Sep 2011
Date of revision:
Technology differences; factor endowments; specialization bias;
Other versions of this item:
- Gundlach, Erich & de Vaal, Albert, 2012. "Technology differences in empirical studies of international trade," Economics Letters, Elsevier, vol. 117(1), pages 18-20.
- F11 - International Economics - - Trade - - - Neoclassical Models of Trade
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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