Arbeitspapier
Factor Content of Bilateral Trade: The Role of Firm Heterogeneity and Transaction Costs
In this paper we study the detfirminants of the factor content of the CEE agricultural trade. Examining empirically three hypothesis, which relate cross-country differences in technology, relative factor abundance and transaction costs and market imperfections to the factor content of trade we find that the first two hypotheses are confirmed by the majority of developed EU countries, but rejected by roughly one half of the CEE transition country pairs. Second, we find that when accounting for transaction costs of firm (re)organization, both hypotheses are confirmed by the majority of the CEE country pairs. These findings provide empirical evidence of market imperfections, and particularly, of transaction costs of firm (re)organization in the CEE.
- Sprache
-
Englisch
- Erschienen in
-
Series: LICOS Discussion Paper ; No. 238
- Klassifikation
-
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Empirical Studies of Trade
Organizational Behavior; Transaction Costs; Property Rights
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Agriculture in International Trade
- Thema
-
Factor content
bilateral trade
relative factor abundance
technological differences
agriculture
transaction costs
Agraraußenhandel
Faktorproportionentheorem
Faktorintensität
Transaktionskosten
Unvollkommener Markt
Osteuropa
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kancs, D'Artis
Ciaian, Pavel
- Ereignis
-
Veröffentlichung
- (wer)
-
Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance
- (wo)
-
Leuven
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kancs, D'Artis
- Ciaian, Pavel
- Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance
Entstanden
- 2009
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