Review of Economics and Statistics
Опубликовано на портале: 03-10-2003Robert H. Ballance, Helmut Forstner, Tracy Murray Review of Economics and Statistics. 1987. Vol. 69 . No. 1. P. 157-161.
The commodity pattern of comparative advantage across countries is a central concept in international trade theory. Since the concept is based upon autarkic prices which are not observable in post-trade equilibria, its use in empirical research is most difficult. The literature reports numerous alternative indices that purport to "measure" comparative advantage. This paper examines the extent to which various measures are consistent using a large sample of trade flows. The results have important implication for judging empirical studies based upon particular choices of a measure for comparative advantage.
Опубликовано на портале: 22-09-2003Mary F. Kokoski Review of Economics and Statistics. 1987. Vol. Vol. 69. No. 1. . P. pp. 83-89.
Leisure-inclusive welfare indices, such as the real wage index, have been previously investigated only with aggregate data. Using micro data, however, these indices show the effects of increasing labor market employment of household members. Real wage, expenditure, and nonlabor income indices are compared across six types of husband/wife households. These indices are also compared to ad hoc real wage and leisure-exclusive index measures. Doubt is cast on past results based upon aggregate data.