Testing Trade Theory in Ohlin's Time

Testing Trade Theory in Ohlin's Time

Author: Antoni Estevadeordal

Publisher:

Published: 2002

Total Pages: 48

ISBN-13:

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An empirical tradition in international trade seeks to establish whether the predictions of factor abundance theory match present-day data. In the analysis of goods trade and factor endowments, mildly encouraging results were found by Leamer et al. But ever since the appearance of Leontief's paradox, the measured factor content of trade has always been found to be far smaller than its predicted magnitude in the Heckscher-Ohlin-Vanek framework, the so-called 'missing trade' mystery. We wonder if this problem was there in the theory from the beginning. This seems like a fairer test of its creators' original enterprise. We apply contemporary tests to historical data on goods and factor trade from Ohlin's time. Our analysis is set in a very different context than contemporary studies -- an era with lower trade barriers, higher transport costs, a more skewed global distribution of the relevant factors (especially land), and comparably large productivity divergence. We find some support for the theory, but also encounter common problems. Our work thus complements the tests applied to today's data and informs our search for improved models of trade.


Delinquency and Opportunity

Delinquency and Opportunity

Author: Richard A. Cloward

Publisher: Routledge

Published: 2013-08-21

Total Pages: 181

ISBN-13: 1136250077

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First published in 1998. This is Volume VI of the twelve in the Sociology of Youth and Adolescence series and focuses on delinquent subcultures and theories around masculine identification, adolescence and lower-class culture, alienation and illegitimate means. This study is an attempt to explore two questions: (l) Why do delinquent norms, or rules of conduct, develop? (2) What are the conditions which account for the distinctive content of various systems of delinquent norms such as those prescribing violence or theft or drug-use?


Race Tech's Motorcycle Suspension Bible

Race Tech's Motorcycle Suspension Bible

Author: Paul Thede

Publisher: Quarto Publishing Group USA

Published: 2010-06-19

Total Pages: 259

ISBN-13: 1610591666

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The suspension expert’s illustrated, comprehensive troubleshooting guide for dirt, street, and supermoto—with a solution to virtually any problem. Suspension is probably the most misunderstood aspect of motorcycle performance. This book, by America’s premier suspension specialist, makes the art and science of suspension tuning accessible to professional and backyard motorcycle mechanics alike. Based on Paul Thede’s wildly popular Race Tech Suspension Seminars, this step-by-step guide shows anyone how to make their bike, or their kid’s, handle like a pro’s. Thede gives a clear account of the three forces of suspension that you must understand to make accurate assessments of your suspension’s condition. He outlines testing procedures that will help you gauge how well you’re improving your suspension, along with your riding. And, if you’re inclined to perfect your bike’s handling, he even explains the black art of chassis geometry. Finally, step-by-step photos of suspension disassembly and assembly help you rebuild your forks and shocks for optimum performance.


Understanding Anger Disorders

Understanding Anger Disorders

Author: Raymond DiGiuseppe

Publisher: Oxford University Press

Published: 2007

Total Pages: 433

ISBN-13: 0195170792

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Since classical times, philosophers and physicians have identified anger as a human frailty that can lead to violence and human suffering, but with the development of a modern science of abnormal psychology and mental disorders, it has been written off as merely an emotional symptom and excluded from most accepted systems of psychiatric diagnosis. Yet despite the lack of scientific recognition, anger-related violence is often in the news, and courts are increasingly mandating anger management treatment. It is time for a fresh scientific examination of one of the most fundamental human emotions and what happens when it becomes pathological, and this thorough, persuasive book offers precisely such a probing analysis.Using both clinical data and a variety of case studies, esteemed anger researchers Raymond A. DiGiuseppe and Raymond Chip Tafrate argue for a new diagnostic classification, Anger Regulation and Expression Disorder, that will help bring about clinical improvements and increased scientific understanding of anger. After situating anger in both historical and emotional contexts, they report research that supports the existence of several subtypes of the disorder and review treatment outcome studies and new interventions to improve treatment. The first book that fully explores anger as a clinical phenomenon and provides a reliable set of assessment criteria, it represents a major step toward establishing the clear definitions and scientific basis necessary for assessing, diagnosing, and treating anger disorders.


Classics in the Theory of Public Finance

Classics in the Theory of Public Finance

Author: Richard A. Musgrave

Publisher: Springer

Published: 1958-01-01

Total Pages: 264

ISBN-13: 1349234265

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This book was prepared mainly for specialists on the assumption that it would provide the background to an important neglected field of discussion in public finance. Since it was first published in 1958, the theory of public goods and its implications for public policy have become incorporated in the main body of the economic analysis of public finance in the literature. A glance at the footnotes of some of the standard textbooks on public finance indicates that this assembly of articles has not been in vain. Probably the most influential part of this collection has been the papers concerned with the theory of public expenditure, which contains two closely related elements. The first is as a part of welfare economics: under what conditions can Pareto optimality be achieved in an economic system in which some goods supplied are indivisible? The other strand of thought is concerned with the positive theory of the public sector: how can economic analysis be used in order to explain how the size and composition of the budget is actually determined?


Heckscher-Ohlin Trade Theory

Heckscher-Ohlin Trade Theory

Author: Eli Filip Heckscher

Publisher: MIT Press (MA)

Published: 1991

Total Pages: 248

ISBN-13:

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This book presents the corrected and first complete translation from Swedish of Heckscher's 1919 article on foreign trade as well as a translation from Swedish of Ohlin's 1924 Ph.D. dissertation, the main source of the now famous Heckscher-Ohlin theorem.