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Trade Impacts of Soviet Reform: A Heckscher-Ohlin-Vanek Approach

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  • Hayes, Dermot J.
  • Kumi, Alexander
  • Johnson, Stanley R.

Abstract

The Heckscher-Ohlin-Vanek (HOV) equations used in this paper provide a feasible method for projecting longer-run trade patterns of the Former Soviet Union, one that does not depend on elasticities or the optimality of existing resource use. The authors contrast forecasted and actual trade patterns and compare their results with those of other studies.
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Suggested Citation

  • Hayes, Dermot J. & Kumi, Alexander & Johnson, Stanley R., 1995. "Trade Impacts of Soviet Reform: A Heckscher-Ohlin-Vanek Approach," Staff General Research Papers Archive 872, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:872
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    Cited by:

    1. Dermot J. Hayes & Frank H. Fuller, 1999. "Optimal Chinese Agricultural Trade Patterns under the Laws of Comparative Advantage," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 99-wp233, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Ciaian, Pavel & Kancs, d'Artis & Pokrivcak, Jan, 2011. "Comparative Advantages, Transaction Costs and Factor Content in Agricultural Trade: Empirical Evidence from the CEE - Vantaggi comparati, costi di transazione e contenuto dei fattori nel commercio agr," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 64(1), pages 67-101.
    3. Weyerbrock, Silvia, 2001. "The impact of agricultural productivity increases in the former Soviet Union and Eastern Europe on world agricultural markets," Agricultural Economics, Blackwell, vol. 26(3), pages 237-251, December.
    4. Sanderson, Todd & Ahmadi-Esfahani, Fredoun Z., 2010. "Climate change and Australia’s comparative advantage in broadacre agriculture," 2010 Conference, August 26-27, 2010, Nelson, New Zealand 96493, New Zealand Agricultural and Resource Economics Society.

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