The factor proportions theory of international trade empirical results from the United States and the Philippines
This paper tests empirically whether the factor proportions or Hecksher-Ohlin theory is applicable to two countries with highly contrasting factor endowments - the United States and the Philippines. A multi-factor model is presented which includes measures of skilled labor, technology and natural re...
Published in: | The Philippine Review of Business and Economics Vol. XXI Nos. 1 & 2 (March & June 1984), p. 59-76. |
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Main Authors: | , |
Format: | Analytics |
Language: | English |
Published: |
1984.
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Subjects: |