| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Comparative Advantages, Transaction Costs and Factor Content of Agricultural Trade: Empirical Evidence from CEE
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| Autores: |
Kancs, d'Artis
Ciaian, Pavel
Pokrivcak, Jan
|
| Data: |
2011-09-13
|
| Ano: |
2009
|
| Palavras-chave: |
Factor Content
Agricultural Trade
Comparative Advantages
Transaction Cost
Agricultural and Food Policy
F12
F14
D23
Q12
Q17
|
| Resumo: |
The present study examines factor content of the CEE transition country agricultural trade. We examine the relative country abundance for labour, capital and land, and test the Heckscher-Ohlin-Vanek (HOV) hypothesis. Our empirical findings suggest that the factor content of agricultural exports and imports is rather similar in CEE and most of the agricultural trade flows do not satisfy the HOV prediction. In order to explain the general lack of agricultural specialisation and the observed paradox in the CEE's agricultural trade, we examine the role of transaction costs and market imperfections. We find that transaction costs and market imperfections distort farm specialisation and hence factor content of agricultural trade.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/115421
|
| Relação: |
AgFoodTRade - New Issues in Agricultural, Food and Bioenergy Trade>Public Working Papers
Working Paper
2008-04
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| Formato: |
34
|
