NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Technique for Indicating Comparative and Perdicting Changes in Trade Ratios

Robert E. Baldwin, R. Spence Hilton

NBER Working Paper No. 1198
Issued in September 1983
NBER Program(s):   ITI   IFM

This paper estimates relative differences in factor prices (and thus industry comparative cost differences) between the United States and each of eight country groups by relating differences in factor-use requirement and actual bilateral export/import ratios across industries. Predictions concerning changes in industry export/import ratios are also made (and tested against actual subsequent changes) by comparing these trade ratios with those expected on the basis of the estimated average differences infactor costs and assuming that adjustment lags are the major reason for the differences between these ratios.

download in pdf format
   (163 K)

email paper

This paper is available as PDF (163 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w1198

Published: Baldwin, Robert E. and R. Spence Hilton. "A Technique for Indicating Comparative Costs and Predicting Changes in Trade Ratios," The Review of Economics and Statistics, Vol. LXVI, No. 1, February 1984, pp. 105-110.

Users who downloaded this paper also downloaded these:
Leamer w4716 Trade, Wages and Revolving Door Ideas
Leamer w5427 In Search of Stolper-Samuelson Effects on U.S. Wages
Baldwin and Cain w5934 Shifts in U.S. Relative Wages: The Role of Trade, Technology and Factor Endowments
 
Publications
Activities
Meetings
NBER Videos
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us