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Comparative advantage in manufactured goods in a multi-country, multi-industry, and multi-factor model (英语)

The paper examines the determinants of trade among 38 principal exporters of manufactured goods in the framework of a multilateral trade model. The estimates provide support to the Heckscher-Ohlin hypothesis as they show that countries which are relatively abundant in physical and in human capital tend to export relatively physical and human capital intensive products in bilateral trade. This conclusion does not depend on the choice of the estimation...
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