The factor proportions theory of international trade empirical results from the United States and the Philippines
This paper tests empirically whether the factor proportions or Hecksher-Ohlin theory is applicable to two countries with highly contrasting factor endowments - the United States and the Philippines. A multi-factor model is presented which includes measures of skilled labor, technology and natural re...
| Published in: | Philippine Review of Economics and Business (formerly The Philippine Review of Business and Economics) Vol. XXI, no. 1 & 2 (Mar. 1984 - Jun. 1984), 59-76 |
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| Format: | Article |
| Language: | English |
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1984
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