Endowments, Skill-Biased Technology, and Factor Prices: A Unified Approach to Trade

Endowments, Skill-Biased Technology, and Factor Prices: A Unified Approach to Trade
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禀赋、偏向技能的技术和要素价格:统一的贸易方法

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发表时间:
2017
期刊:
影响因子:
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通讯作者:
Daniel Trefler
Daniel Trefler
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作者:
Peter M. Morrow;Daniel Trefler

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我们开发了一个多因素,多部门的伊顿-科图姆模型,以研究贸易成本,要素禀赋和技术(包括李嘉图和要素增加)对要素价格,货物贸易和主要要素服务贸易(增值贸易)的影响。该框架嵌套了Heckscher-Ohlin-Vanek(HOV)模型和贸易预测的Vanek因子内容。我们使用38个国家的熟练和非熟练数据将模型用于数据。我们有两个发现。首先,贸易要素含量国际差异的关键决定因素是禀赋和每美元产出所用要素投入的国际差异。投入使用的变化反过来又是由(1)增加要素的国际技术差异和(2)国际要素价格差异驱动的。第二,我们的估计因素增加国际技术差异-这意味着技能偏向技术的跨国变化-经验上类似于那些用于合理化跨国证据的收入差异和定向技术变革。
We develop a multi-factor, multi-sector Eaton-Kortum model in order to examine the impact of trade costs, factor endowments, and technology (both Ricardian and factor-augmenting) on factor prices, trade in goods, and trade in the services of primary factors (value-added trade). This framework nests the Heckscher-Ohlin-Vanek (HOV) model and the Vanek factor content of trade prediction. We take the model to the data using skilled and unskilled data for 38 countries. We have two findings. First, the key determinants of international variation in the factor content of trade are endowments and international variation in factor inputs used per dollar of output. Input-usage variation in turn is driven by (1) factor-augmenting international technology differences and (2) international factor price differences. Second, our estimates of factor-augmenting international technology differences — which imply cross-country variation in skill-biased technologies — are empirically similar to those used to rationalize cross-country evidence on income differences and directed technical change.
DOI: 10.2139/ssrn.1015617
发表时间: 2006-09
期刊: McDonough: Strategy [including Economics
影响因子: --
作者:
A. Bernard;J. Jensen;S. Redding;Peter K. Schott
通讯作者: A. Bernard;J. Jensen;S. Redding;Peter K. Schott