An Empirical Assessment of the Factor Proportions Explanation of Multinational S

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An Empirical Assessment of the Factor Proportions Explanation of Multinational S
S Lael Brainard
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4255 1704 0. 1588 1704 0. 1598 1620 0. 5799 30 Table 4; Intra-induatrv Ratios of Trade and Affiliate Sales Industry Ratios A. Affiliate Sales MINTRa/ = nJ^CAP^+■K2LABli+n^LAB2■+n^LAB3^■^n^LAND^+n^MINGDP^+n^MAXGDPJ^ B. Trade TINTRA/ = Pj^CAP^ + p^LABli + PjLAB2^*p^LAB3i+py^LAND^*piMINGDP^ + p^MAXGDP^ ————————— T— ————————— — DEP VAR 1 mintra _________J mintra mintra tintra tintra tintra cap 0. 0050 0. 623 0. 0094 1. 210 labl -0. 0263 -2. 055 -0. 0203 -1. 548 lab2 -0. 0171 -1. 519 -0. 0209 -1. 98...7 lab3 -0. 0262 -3. 383 -0. 0126 -1. 679 land3 0. 0198 2. 618 0. 0404 5. 352 dgpl -0. 0357 -4. 305 -0. 0179 -2. 173 dkl -0. 0827 -6. 625 -0. 0475 -3. 732 mingdp 0. 0585 0. 0607 0. 0635 0. 0201 0. 0257 0. 0244 8. 518 8. 229 9. 672 3. 011 3. 597 3. 718 maxgdp -0. 0126 0. 0234 0. 0723 -0. 0413 0. 0036 0. 0383 -0. 596 1. 122 3. 185 -2. 446 0. 228 1. 988 ff -0. 0134 -0. 0302 -0. 0095 -0. 0439 -0. 0570 -0. 0481 -1. 380 -3. 083 -0. 934 -4. 657 -6. 077 -4. 993 Observ.

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