Multiregion, multifactor Test of the Heckscher-Ohlin-Vanek using sapnish regional data
Título de la tesis:
Multiregion, multifactor Test of the Heckscher-Ohlin-Vanek using sapnish regional data
Autor/es:
Requena Silvente, Francisco - Castillo Giménez, Juana - Artal Tur, Andrés
Tipo de documento:
Otro
Universidad:
Universidad Politécnica de Cartagena
Departamento:
Idioma:
Castellano
Palabras clave:
Heckscher-Ohlin-Vanek (HOV), Factor Comercio de Regiones Españolas
Fecha de la defensa:
2005
Notas:
We study the Heckscher-Ohlin-Vanek (HOV) model of trade empirically using regional data rather than country data. Unlike Davis et al. (1997) that find that the HOV model performs remarkably well using Japanese regional data, our findings for the Spanish regions suggest that the HOV model performs poorly after relaxing the ?strict? assumptions of world factor price equalisation, world identical and homothetic preferences and Hicks-neutral technological differences across regions. The limited explanatory capacity of the endowment-driven models complements the findings of economic geography model...
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