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The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Robert E. Baldwin

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.001.0001
Subject:
Economics and Finance, Econometrics

No names are more closely associated with modern trade theory than Eli Heckscher and Bertil Ohlin. The basic Heckscher–Ohlin proposition, according to which a country exports factors in abundant ... More


Testing for Stolper-Samuelson, Rybczynski, and Factor Price Equalization Effects

Robert E. Baldwin

in The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.003.0056
Subject:
Economics and Finance, Econometrics

This chapter reviews selected empirical investigations of the other basic propositions of the Heckscher–Ohlin (HO) model. These are the relationship between relative changes in product prices and ... More


The Development of Heckscher-Ohlin Trade Models

Robert E. Baldwin

in The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.003.0012
Subject:
Economics and Finance, Econometrics

This chapter surveys the development of the Heckscher–Ohlin (HO) trade theory. It discusses trade theory in the 1930s; the Heckscher–Ohlin–Samuelson (HOS) model; the Heckscher–Ohlin–Vanek (HOV) ... More


Protection and Real Wages: The Stolper–Samuelson Theorem

Rachel McCulloch

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0016
Subject:
Economics and Finance, History of Economic Thought

This chapter examines the Stolper–Samuelson's Theorem under varying conditions and assumptions. Using a previous reformulation of the theorem, it demonstrates that when the relative prices for ... More


Paul Samuelson's Contributions to International Economics

Kenneth Rogoff

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0015
Subject:
Economics and Finance, History of Economic Thought

This chapter evaluates Samuelson's trade contributions such as the Stolper–Samuelson and factor-prices equalization theorems, as vital in today's globalization debate. The ideas that gain from trade ... More


Introduction

Robert E. Baldwin

in The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.003.0009
Subject:
Economics and Finance, Econometrics

This introductory chapter begins with a discussion of the Heckscher–Ohlin (HO) proposition. It then sets out the book’s purpose, which is to review both the theoretical development of the basic ... More


Multi-country, Multifactor Tests

Robert E. Baldwin

in The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.003.0043
Subject:
Economics and Finance, Econometrics

This chapter examines test results from the Heckscher–Ohlin (HO) proposition in a multi-factor, multi-country framework that began with Maskus (1985) and Bowen, Leamer, and Sveikauskas (1987) and ... More


Samuelsonian Economics and the Twenty-First Century

Michael Szenberg, Lall Ramrattan, and Aron A. Gottesman (eds)

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.001.0001
Subject:
Economics and Finance, History of Economic Thought

This book presents the scientific works of Paul Samuelson, the leading neoclassical economist, which would attract research and study in the 21st century. The subject matter includes his ... More


Comparative Advantage: The Ricardian and Heckscher–Ohlin Theories

Arvind Panagariya

in Handbook of Trade Policy for Development

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199680405
eISBN:
9780191760266
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199680405.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

Arvind Panagariya analyses the Ricardian theory of comparative advantage and its reformulation in the leading modern theory of international trade, Heckscher-Ohlin. He examines the logic of ... More


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