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Heckscher-Ohlin specialization and the marginal product of capital, 1976-2000

Abstract:

This paper estimates the Heckscher-Ohlin (HO) model of international specialization with a panel of 44 developing and developed countries between 1976 and 2000. As Schott (2003), our empirical model includes multiple cones and recasts industry-level data in theoretically appropriate HO aggregates, i.e. sets of goods with similar factor intensities. The time dimension enables us to obtain better estimates of international total factor productivity differences and of the development path of eac...

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Publication status:
Published

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Publisher:
University of Oxford Publisher's website
Series:
Department of Economics Discussion Paper Series
Publication date:
2007-09-01
Paper number:
357
Keywords:
Pubs id:
1144088
Local pid:
pubs:1144088
Deposit date:
2020-12-15

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