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Explaining United States International Trade, 1870-1910

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Author Info
William K. Hutchinson () (Department of Economics, Vanderbilt University)
Abstract

Wright (1990) presents evidence on the factor content of trade that indicates the United States tended to export goods that were raw materials intensive. Using factor per unit of output ratios derived from the United States Census of Manu-factures, we are able to supplement Wright's findings for the period 1870 to 1910, a period in which his results were not as conclusive as were his results for later periods. In addition to the female and child labor content of trade during this pe-riod, the Census data also allow us to examine a measure of the human capital con-tent of trade during the period 1870 to 1910. Net exports tended to be capital in-tensive relative to labor and materials. However, a complementary relationship existed between capital and materials relative to labor which resulted in a positive relationship between labor value per unit of output and net exports.

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File URL: http://www.vanderbilt.edu/Econ/wparchive/workpaper/vu02-w05.pdf
File Format: application/pdf
File Function: First version, 2002
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Publisher Info
Paper provided by Department of Economics, Vanderbilt University in its series Working Papers with number 0205.

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Date of creation: Apr 2002
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Handle: RePEc:van:wpaper:0205

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Postal: Box 1819, Station B, Nashville, TN 37235
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Web page: http://sitemason.vanderbilt.edu/econ/
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Related research
Keywords: International trade; factor content; factor intensity;

Find related papers by JEL classification:
F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
N71 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - U.S.; Canada: Pre-1913

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Edward E. Leamer, 1992. "Testing Trade Theory," NBER Working Papers 3957, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Anderson, James E, 1981. "Cross-Section Tests of the Heckscher-Ohlin Theorem: Comment [Factor Abundance and Comparative Advantage]," American Economic Review, American Economic Association, vol. 71(5), pages 1037-39, December. [Downloadable!] (restricted)
  3. Leamer, Edward E & Bowen, Harry P, 1981. "Cross-Section Tests of the Heckscher-Ohlin Theorem: Comment [Factor Abundance and Comparative Advantage]," American Economic Review, American Economic Association, vol. 71(5), pages 1040-43, December. [Downloadable!] (restricted)
  4. Leamer, Edward E, 1980. "The Leontief Paradox, Reconsidered," Journal of Political Economy, University of Chicago Press, vol. 88(3), pages 495-503, June. [Downloadable!] (restricted)
  5. Trefler, Daniel, 1995. "The Case of the Missing Trade and Other Mysteries," American Economic Review, American Economic Association, vol. 85(5), pages 1029-46, December. [Downloadable!] (restricted)
  6. Goldin, Claudia, 2001. "The Human-Capital Century And American Leadership: Virtues Of The Past," The Journal of Economic History, Cambridge University Press, vol. 61(02), pages 263-292, June. [Downloadable!]
  7. Bowen, Harry P & Sveikauskas, Leo, 1992. "Judging Factor Abundance," The Quarterly Journal of Economics, MIT Press, vol. 107(2), pages 599-620, May. [Downloadable!] (restricted)
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  8. Claudia Goldin, 2001. "The Human Capital Century and American Leadership: Virtues of the Past," NBER Working Papers 8239, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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