English, Article, Journal or magazine article edition: Factor Content of Bilateral Trade: The Role of Firm Heterogeneity and Transaction Costs d'Artis Kancs; Pavel Ciaian

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Bookmark: http://trove.nla.gov.au/version/16677
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Factor Content of Bilateral Trade: The Role of Firm Heterogeneity and Transaction Costs
Author
  • d'Artis Kancs
  • Pavel Ciaian
Physical Description
  • preprint
Notes
  • In this paper we study the determinants 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 farm (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 farm (re)organization in the CEE.
  • Factor content, bilateral trade, relative factor abundance, technological differences, agriculture, transaction costs
  • RePEc:lic:licosd:23809
Language
  • English
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