A note on the empirical implementation of lens condition:
"Deardorff [Journal of International Economics 36 (1994) 167-175] offers an intuitively appealing test for factor price equality (FPE). He demonstrates that FPE is impossible if the set (i.e., lens) of points defined by regional factor abundance vectors does not lie within the set of points def...
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| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11448 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | "Deardorff [Journal of International Economics 36 (1994) 167-175] offers an intuitively appealing test for factor price equality (FPE). He demonstrates that FPE is impossible if the set (i.e., lens) of points defined by regional factor abundance vectors does not lie within the set of points defined by goods' input intensities. This note demonstrates that empirical implementation of the lens condition is problematic if the "true" number of either goods or regions is unknown. We show that satisfaction of the lens condition is more likely when goods are relatively disaggregate compared to regions"--National Bureau of Economic Research web site. |
| Physical Description: | 16 S. graph. Darst. |
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| index_date | 2024-07-02T22:41:28Z |
| indexdate | 2024-07-09T21:25:11Z |
| institution | BVB |
| language | English |
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| physical | 16 S. graph. Darst. |
| publishDate | 2005 |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
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| spelling | Bernard, Andrew B. 1963- Verfasser (DE-588)124571565 aut A note on the empirical implementation of lens condition Andrew B. Bernard ; Raymond Robertson ; Peter K. Schott Cambridge, Mass. National Bureau of Economic Research 2005 16 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11448 "Deardorff [Journal of International Economics 36 (1994) 167-175] offers an intuitively appealing test for factor price equality (FPE). He demonstrates that FPE is impossible if the set (i.e., lens) of points defined by regional factor abundance vectors does not lie within the set of points defined by goods' input intensities. This note demonstrates that empirical implementation of the lens condition is problematic if the "true" number of either goods or regions is unknown. We show that satisfaction of the lens condition is more likely when goods are relatively disaggregate compared to regions"--National Bureau of Economic Research web site. Mathematisches Modell Regional economic disparities Mathematical models Robertson, Raymond 1969- Verfasser (DE-588)130566357 aut Schott, Peter K. Verfasser (DE-588)124743706 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11448 (DE-604)BV002801238 11448 http://papers.nber.org/papers/w11448.pdf kostenfrei Volltext |
| spellingShingle | Bernard, Andrew B. 1963- Robertson, Raymond 1969- Schott, Peter K. A note on the empirical implementation of lens condition National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Mathematisches Modell Regional economic disparities Mathematical models |
| title | A note on the empirical implementation of lens condition |
| title_auth | A note on the empirical implementation of lens condition |
| title_exact_search | A note on the empirical implementation of lens condition |
| title_exact_search_txtP | A note on the empirical implementation of lens condition |
| title_full | A note on the empirical implementation of lens condition Andrew B. Bernard ; Raymond Robertson ; Peter K. Schott |
| title_fullStr | A note on the empirical implementation of lens condition Andrew B. Bernard ; Raymond Robertson ; Peter K. Schott |
| title_full_unstemmed | A note on the empirical implementation of lens condition Andrew B. Bernard ; Raymond Robertson ; Peter K. Schott |
| title_short | A note on the empirical implementation of lens condition |
| title_sort | a note on the empirical implementation of lens condition |
| topic | Mathematisches Modell Regional economic disparities Mathematical models |
| topic_facet | Mathematisches Modell Regional economic disparities Mathematical models |
| url | http://papers.nber.org/papers/w11448.pdf |
| volume_link | (DE-604)BV002801238 |
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