An Evaluation of Factor Endowments and Protection as Determinants of Japanese and American Foreign Trade
The authors consider the relationship between the factor content of Japanes e and American foreign trade and examine empirically whether discrepa ncies between the Heckscher-Ohlin theoretical predictions and the obs erved patterns of trade can be attributed to protection. The Michigan Model of World Production and Trade is used for computational purpos es. They find some evidence of discrepancies between predicted and ob served trade patterns, but removal of protection either worsens these discrepancies or reduces them by only a small amount. Some possible reasons for the empirical shortcomings of the Heckscher-Ohlin theory are offered in conclusion.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 20 (1987)
Issue (Month): 3 (August)
|Contact details of provider:|| Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4|
Web page: http://economics.ca/cje/
More information through EDIRC
|Order Information:|| Web: http://economics.ca/en/membership.php Email: |