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Trade Impacts of Soviet Reform: A Heckscher-Ohlin-Vanek Approach
GATT Research Papers
  • Dermot J. Hayes, Iowa State University
  • Alexander Kumi, American Express
  • Stanley R. Johnson, Iowa State University
Publication Date
6-1-1994
Series Number
94-GATT 19
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.

Copyright Owner
Iowa State University
Citation Information
Dermot J. Hayes, Alexander Kumi and Stanley R. Johnson. "Trade Impacts of Soviet Reform: A Heckscher-Ohlin-Vanek Approach" (1994)
Available at: http://works.bepress.com/dermot_hayes/153/