00000caa a22000003i 4500 UP-1685594773862388121 Buklod 20210301191221.0 m | | ta 210301s1984 xx r |||| u|eng d (iLib)UPBAG-00039402906 BAG rda eng ARTICLE-2373 Lassiter, Gregory C. author. The factor proportions theory of international trade empirical results from the United States and the Philippines by Gregory C. Lassiter and Daniel G. Sisler. 1984. pages 59-76 25 cm text rdacontent unmediated rdamedia volume rdacarrier Includes bibliographical references (pages 74-76). 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 resources along with capital and labor; and incorporates a measure of net export performance that overcomes weaknesses in previously used measures. It was hoped that empirical tests of this more elaborate trade model might reconcile the paradoxical tests results of the more simplistic two-factor models. The findings however, provide few definitive guidelines in the development of a more refined empirical test. Factor proportions. International trade Econometric models. Heckscher-Ohlin principle. Comparative advantage (International trade). Sisler, Daniel G. author. The Philippine Review of Business and Economics Vol. XXI Nos. 1 & 2 (March & June 1984), p. 59-76. (viewed 01 March 2021) FI UPBAG UPBAG-MAIN ARTICLE-2373 Analytics