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Testing two trade models in Latin American agriculture

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  • Carlos Anthony Arnade

Abstract

The Heckscher–Ohlin and Markusen models state that countries export the goods intensive in the use of their relatively abundant factor. Latin American agricultural trade is consistent with both models. The paper then shows that Latin American agricultural trade is primarily explained by country differences in relative factor abundance between countries rather than differences in technology. This finding does not reject the Heckscher–Ohlin model but rejects one of Markusen's models.

Suggested Citation

  • Carlos Anthony Arnade, 1994. "Testing two trade models in Latin American agriculture," Agricultural Economics, International Association of Agricultural Economists, vol. 10(1), pages 49-59, January.
  • Handle: RePEc:bla:agecon:v:10:y:1994:i:1:p:49-59
    DOI: 10.1111/j.1574-0862.1994.tb00288.x
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    Cited by:

    1. Sanderson, Todd & Ahmadi-Esfahani, Fredoun Z., 2010. "Climate change and Australia’s comparative advantage in broadacre agriculture," 2010 Conference, August 26-27, 2010, Nelson, New Zealand 96493, New Zealand Agricultural and Resource Economics Society.
    2. Reed, Michael & Salvacruz, Joseph, 1995. "Technological Progress and International Trade: The Case of the Less Developed ASEAN Countries," 1994 Conference, August 22-29, 1994, Harare, Zimbabwe 183397, International Association of Agricultural Economists.
    3. Salvacruz, Joseph C., 1994. "Technological Change And Agricultural Trade Patterns," Journal of Food Distribution Research, Food Distribution Research Society, vol. 25(01), pages 1-6, February.

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