Working Paper: NBER ID: w20585
Authors: Arnaud Costinot; Jonathan Vogel
Abstract: International trade has experienced a Ricardian revival. In this article, we offer a user guide to assignment models, which we will refer to as Ricardo-Roy (R-R) models, that have contributed to this revival.
Keywords: International Trade; Ricardian Models; Assignment Models; Factor Endowments; Climate Change
JEL Codes: F1
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Cross-country differences in technologies and factor endowments (O57) | international trade patterns (F10) |
| Cross-country differences in technologies and factor endowments (O57) | factor productivity (E23) |
| factor productivity (E23) | sectoral employment (J68) |
| Changes in economic environments (F69) | reallocation of factors (F16) |
| Changes in economic environments (F69) | changes in factor prices (F16) |
| reallocation of factors (F16) | changes in factor prices (F16) |
| Changes in factor prices (F16) | skilled labor (J24) |