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The Heckscher-Ohlin-Vanek Model of Trade: Why Does It Fail? When Does It Work?

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NBER1996-06-01 更新2025-01-04 收录
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The Heckscher-Ohlin-Vanek model of factor service trade is a central construct in international economics. Empirically, though, it is a flop. This warrants a new approach. Using Japanese regional data we are able to test the HOV model by independently examining its component production and

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1996-06-01
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