Altzinger, Wilfried; Damijan, Joze P. - LICOS Centre for Institutions and Economic Performance, … - 2009
In this paper we revise the empirical tests of the Ricardian model by testing properly the Ricardian hypotheses on bilateral trade flows. Our tests are based on NACE 2-digit industry aggregation of productivity and of bilateral trade flows between 21 EU member states for the period 1994-2004. We...
