Testing the General Validity of the Heckscher-Ohlin Theorem

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2016
Volume: 8
Issue: 4
Pages: 54-90

Authors (2)

Daniel M. Bernhofen (American University) John C. Brown (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We exploit Japan's mid-nineteenth century transition from autarky to open trade to test Alan Deardorff's (1982) seminal and parsimonious autarky price formulation of the Heckscher-Ohlin theorem. Factor price data from Japan's late autarky period impose a refutable restriction on Japan's factor content of trade. Our data are constructed from many historical sources, including a major Japanese survey of agricultural techniques and a rich set of nineteenth century comparative cost studies. Evaluating Japan's factor content of trade during 1865-1876 under alternative theoretical assumptions about technology, we provide robust evidence in favor of the Heckscher-Ohlin hypothesis.

Technical Details

RePEc Handle
repec:aea:aejmic:v:8:y:2016:i:4:p:54-90
Journal Field
General
Author Count
2
Added to Database
2026-01-24