Home > Research > Publications & Outputs > Relative endowments and the volume of trade
View graph of relations

Relative endowments and the volume of trade

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published

Standard

Relative endowments and the volume of trade. / Soo, K T.
In: Journal of Economic Integration, Vol. 24, No. 4, 2009, p. 744-764.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

APA

Vancouver

Soo KT. Relative endowments and the volume of trade. Journal of Economic Integration. 2009;24(4):744-764.

Author

Soo, K T. / Relative endowments and the volume of trade. In: Journal of Economic Integration. 2009 ; Vol. 24, No. 4. pp. 744-764.

Bibtex

@article{d3407f21129042ab91b9b03728db0d1d,
title = "Relative endowments and the volume of trade",
abstract = "This paper provides evidence that the volume of trade may increase as countries{\textquoteright} relative endowments become more similar. A model is developed that can explain this phenomenon. The model is a four-good version of the Davis (1995) Heckscher-Ohlin-Ricardo model of international trade based on technological and factor endowment differences across countries. In the model, trade volumes may increase with greater similarity in relative endowments, because productivity differences across countries mean that countries{\textquoteright} production becomes increasingly specialised the more similar are their relative endowments. ",
keywords = "international trade , trade volume, integrated equilibrium",
author = "Soo, {K T}",
year = "2009",
language = "English",
volume = "24",
pages = "744--764",
journal = "Journal of Economic Integration",
issn = "1225-651X",
publisher = "Sejong University",
number = "4",

}

RIS

TY - JOUR

T1 - Relative endowments and the volume of trade

AU - Soo, K T

PY - 2009

Y1 - 2009

N2 - This paper provides evidence that the volume of trade may increase as countries’ relative endowments become more similar. A model is developed that can explain this phenomenon. The model is a four-good version of the Davis (1995) Heckscher-Ohlin-Ricardo model of international trade based on technological and factor endowment differences across countries. In the model, trade volumes may increase with greater similarity in relative endowments, because productivity differences across countries mean that countries’ production becomes increasingly specialised the more similar are their relative endowments.

AB - This paper provides evidence that the volume of trade may increase as countries’ relative endowments become more similar. A model is developed that can explain this phenomenon. The model is a four-good version of the Davis (1995) Heckscher-Ohlin-Ricardo model of international trade based on technological and factor endowment differences across countries. In the model, trade volumes may increase with greater similarity in relative endowments, because productivity differences across countries mean that countries’ production becomes increasingly specialised the more similar are their relative endowments.

KW - international trade

KW - trade volume

KW - integrated equilibrium

M3 - Journal article

VL - 24

SP - 744

EP - 764

JO - Journal of Economic Integration

JF - Journal of Economic Integration

SN - 1225-651X

IS - 4

ER -