GDL

Journal from gdlhub / 2017-08-14 11:52:53
Oleh : Jeffrey R. Bernstein , David E. Weinstein, ELSEVIER (dew35@columbia.edu (D.E. Weinstein))
Dibuat : 2010-07-01, dengan 1 file

Keyword : endowments, predict,location, production, national, international, data
Url : http://www.elsevier.com/ locate/ econbase

Examining the relationship between factor endowments and production patterns using


data from Japanese prefectures and from OECD nations, we find evidence of substantial


production indeterminacy. Regressions of outputs on endowments yield prediction errors six


to 30 times larger for goods traded relatively freely than for non-traded goods. We argue


that a compelling explanation for these results is the existence of more goods than factors in


the presence of trade costs. If so, regressions of trade or output on endowments have weak


theoretical foundations. Furthermore, since errors are largest in data sets where trade costs


are small, we explain why the common methodology of imputing trade barriers from


regression residuals has produced counterintuitive results. 2002 Elsevier Science B.V.


All rights reserved.

Beri Komentar ?#(0) | Bookmark

Properti	Nilai Properti
ID Publisher	gdlhub
Organisasi	E
Nama Kontak	Herti Yani, S.Kom
Alamat	Jln. Jenderal Sudirman
Kota	Jambi
Daerah	Jambi
Negara	Indonesia
Telepon	0741-35095
Fax	0741-35093
E-mail Administrator	elibrarystikom@gmail.com
E-mail CKO	elibrarystikom@gmail.com