Economics Commons^™

An Empirical Test Of Linder's Trade Hypothesis, James Norman Carnes

Economics Theses & Dissertations

Attempts have been made recently to empirically test several theories of the basis of international trade. These efforts have been concentrated mainly on the empirical testing of the Heckscher-Ohlin and the classical international trade theorems. The results so obtained are both complementary and conflicting. Although a greater degree of empirical relevance has been observed in the Ricardian model than in the Heckscher-Ohlin theorem, so far no sophisticated effort appears to have been made at the empirical testing of Linder's trade hypothesis.

Linder's thesis is that a country cannot achieve comparative cost advantage in that line of production for which there …

An Analysis In Terms Of Trade, Nobuhiro Hayashi

Economics Theses & Dissertations

No abstract.