Abstract

AbstractIn this paper, factor endowment models of exports, imports, and net exports are estimated for 46 industries, spanning the traded goods sector. The regressions are estimated for a pooled sample of 30 countries over the period 1968–1984.Time‐series techniques are used to project the endowment vector for each country, and these are then combined with the estimated parameters to generate forecasts of trade patterns for the year 2000.The projected pattern of trade for Korea is examined in detail, and the sensitivity of these projections is investigated.

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