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This paper investigates the factor content of international trade of the Spanish regions with the EU-15, using the available regional Input-Output Tables around 1995. The results indicate that Spanish regions exhibit a revealed comparative advantage in line with the predictions of the factor...
Persistent link: https://www.econbiz.de/10010992208
We use migration-trade data from Italian, Portuguese and Spanish provinces to examine the importance of geographic proximity in the effectiveness of ethnic networks on bilateral trade. Empirical findings from the gravity model show that the migration-trade link is clearly in-province: exports...
Persistent link: https://www.econbiz.de/10011041806
The Heckscher-Ohlin-Vanek (HOV) model in its strict form has been strongly rejected by the data. Relaxing some assumptions of the standard HOV model is key to find improvements in its performance. We apply the Davis and Weinstein (2001) methodology to analyse the validity of the HOV model using...
Persistent link: https://www.econbiz.de/10008866242
Recent empirical papers testing the performance of the Heckscher-Ohlin-Vanek (HOV) model suggest the need to relax its restrictive assumptions in order to reconcile the theory with the data. This paper examines whether introducing factor productivity differences could help to improve the...
Persistent link: https://www.econbiz.de/10008751800
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The authors conduct an empirical study of the Heckscher—Ohlin—Vanek (HOV) model of trade using regional data rather than country data. Findings for Spanish regions suggest that relaxing the assumption of world factor price equalization alone is not enough to improve the performance...
Persistent link: https://www.econbiz.de/10011139348
We implement the “lens condition” of Deardoff [J. Inter. Econ. (1994), 36, 167-175], to investigate whether lumpiness, an excessively uneven geographic distribution of production factors, is large enough to allow for regional specialization of production at different factor prices. Using...
Persistent link: https://www.econbiz.de/10005690331
We use province migration-trade panel data to examine the importance of geographic proximity in the effectiveness of ethnic networks on bilateral trade. Empirical findings from the gravity model show that the migration-trade link is clearly in-province: exports from a province to a country do...
Persistent link: https://www.econbiz.de/10010548977
Persistent link: https://www.econbiz.de/10007978769