Full Citation

Title: Factor Returns, Institutions, and Geography: A View From Trade

Citation Type: Working Paper

Publication Year: 2004

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Abstract: The authors show that estimated productivities of labor and capital, which rationalize trade flows across countries, are related to total factor productivities, which rationalize output differences across countries. They present evidence that these productivities from trade are related to the institutions and geography across countries. Protection of property rights is the dominant influence on both labor and capital productivity, with geography less important and democracy even less important. The authors also present preliminary evidence that protection of property rights has similar effects on workers with only primary education as on those with more education.

Url: https://www.frbatlanta.org/-/media/documents/research/publications/wp/2004/wp0417.pdf

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Authors: Baier, Scott L; Dwyer Jr, Gerald P; Tamura, Robert

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Publication Number: 2004-17

Institution: Federal Reserve Bank of Atlanta

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Publisher Location: Atlanta, GA

Data Collections: IPUMS USA

Topics: Education, Labor Force and Occupational Structure, Migration and Immigration

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