A Combined Ricardian and Heckscher-Ohlin Model of Comparative Advantage
AbstractThe Heckscher-Ohlin theory and the Ricardian theory of international commerce traditionally have been treated as separate conceptual frameworks, but a growing body of empirical work is relying on both simultaneously and calls for an integrated theory. This paper combines the Heckscher-Ohlin model and Ricardian model into a single unified framework and offers supporting evidence for both Heckscher-Ohlin effects and Ricardian effects in OECD specialization patterns.
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Bibliographic InfoPaper provided by Institute for Advanced Studies in its series Economics Series with number 17.
Length: 15 pages
Date of creation: Dec 1995
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