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A Combined Ricardian and Heckscher-Ohlin Model of Comparative Advantage

Author

Listed:
  • Leamer, Edward E.

Abstract

The 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.

Suggested Citation

  • Leamer, Edward E., 1995. "A Combined Ricardian and Heckscher-Ohlin Model of Comparative Advantage," Economics Series 17, Institute for Advanced Studies.
    • Handle: RePEc:ihs:ihsesp:17
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    File URL: https://irihs.ihs.ac.at/id/eprint/867
    File Function: First version, 1995
    Download Restriction: no
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    Citations

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    Cited by:

    1. Vladimír Benáček & Jiří Podpiera & Ladislav Prokop, 2006. "Command Economy after the Shocks of Opening up: The Factors of Adjustment and Specialisation in the Czech Trade," Working Papers IES 2006/20, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Apr 2006.
    2. Peter M. Morrow, 2008. "East is East and West is West: A Ricardian-Heckscher-Ohlin Model of Comparative Advantage," Working Papers 575, Research Seminar in International Economics, University of Michigan.

    More about this item

    Keywords

    Comparative Advantage; Technology Adoption; Trade;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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