Harry P. Bowen of Queens University of Charlotte reviews “The Development and Testing of Heckscher-Ohlin Trade Models: A Review” by Robert E. Baldwin,. The EconLit Abstract of the reviewed work begins “Reviews the theoretical development of the basic insights of Eli Heckscher and Bertil Ohlin into the modern factor-content trade model and the results of empirical tests of Heckscher-Ohlin models. Discusses the development of Heckscher-Ohlin trade models; early empirical tests of the Heckscher-Ohlin proposition; multicountry, multifactor tests; and testing for Stolper-Samuelson, Rybczynski, and factor price equalization effects. Baldwin is Hilldale Professor Emeritus in the Department of Economics at the University of Wisconsin-Madison. Index.”
Reacting to Samuelson: Early Development Economics and the Factor-Price Equalization Theorem
