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Open Access Green as soon as Postprint is submitted to ZB.
The Heckscher-Ohlin model and the network structure of international trade.
Int. Rev. Econom. Finance 20, 135-145 (2011)
This paper estimates for 28 product groups a characteristic parameter that reflects the topological structure of its trading network. Using these estimates, it describes how the structure of international trade has evolved during the 1980–2000 period. Thereafter, it demonstrates the importance of networks in international trade by explicitly accounting for their scaling properties when testing the prediction of the “Heckscher–Ohlin” model that factor endowment differentials determine bilateral trade flows. The results suggest that factor endowment differentials increase bilateral trade in goods that are traded in “dispersed” networks. For goods traded in “concentrated” networks, factor endowment differentials are less important.
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Publication type
Article: Journal article
Document type
Scientific Article
Keywords
Networks; International trade; Gravity model
ISSN (print) / ISBN
1059-0560
e-ISSN
1059-0560
Quellenangaben
Volume: 20,
Issue: 2,
Pages: 135-145
Publisher
Elsevier
Non-patent literature
Publications
Reviewing status
Peer reviewed