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A Note on the Empirical Implementation of Lens Condition
Andrew B. Bernard
Raymond Robertson
Peter K. Schott
出版
National Bureau of Economic Research
, 2005
URL
http://books.google.com.hk/books?id=F0myAAAAIAAJ&hl=&source=gbs_api
註釋
"Deardorff [Journal of International Economics 36 (1994) 167-175] offers an intuitively appealing test for factor price equality (FPE). He demonstrates that FPE is impossible if the set (i.e., lens) of points defined by regional factor abundance vectors does not lie within the set of points defined by goods' input intensities. This note demonstrates that empirical implementation of the lens condition is problematic if the "true" number of either goods or regions is unknown. We show that satisfaction of the lens condition is more likely when goods are relatively disaggregate compared to regions"--National Bureau of Economic Research web site.