Academic Journal
أعرض في EDS

TESTING THE FACTOR PROPORTIONS MODEL FOR CROATIA

التفاصيل البيبلوغرافية
العنوان: TESTING THE FACTOR PROPORTIONS MODEL FOR CROATIA
المؤلفون: Hrvoje Jošić
المصدر: Ekonomski Vjesnik, Vol 30, Iss 2, Pp 353-370 (2017)
بيانات النشر: Faculty of Economics and Business in Osijek, 2017.
سنة النشر: 2017
المجموعة: LCC:Social Sciences
LCC:Economics as a science
مصطلحات موضوعية: factor proportions model, Croatia, SITC, sign test, Social Sciences, Economics as a science, HB71-74
الوصف: The factor proportions model is one of the main models in international trade theory. It was developed by Swedish economists Eli Heckscher and Bertil Ohlin in the early 1920’s. Based on the merchandise trade data between Croatia and the countries of the European Union and the world and the relative availability of key factors of production, the factor proportions model was tested in the case of Croatia. The sign test was used for this purpose. It compares the expected sign according to the factor proportions model with the sign of the revealed comparative advantages index (RCA). The results of the analysis showed that the factor proportions model does not apply in the case of Croatia. According to the factor proportions model, Croatia does not use its comparative advantages effectively due to the lack of specialization in the production of products which intensively use the country’s relatively abundant factor of production. Limitations of the model are reflected in the fact that some of the assumptions of the factor proportions model are not satisfied.
نوع الوثيقة: article
وصف الملف: electronic resource
اللغة: English
تدمد: 0353-359X
1847-2206
Relation: http://hrcak.srce.hr/file/283006; https://doaj.org/toc/0353-359X; https://doaj.org/toc/1847-2206
URL الوصول: https://doaj.org/article/27e7ea4de6c34dac861f6731e54995ee
رقم الانضمام: edsdoj.27e7ea4de6c34dac861f6731e54995ee
قاعدة البيانات: Directory of Open Access Journals
الوصف
تدمد:0353359X
18472206