How important is water endowment for trade in agricultural products?
Water is an important input for the production of agricultural products. Hence, following the Heckscher-Ohlin model and the virtual water hypothesis, relatively water abundant countries will have comparative advantage in agricultural products. We show that water endowment does play a role in determi...
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Format: | Article |
Language: | English |
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The Empirical Economics Letters
2008
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Online Access: | http://irep.iium.edu.my/69994/ http://irep.iium.edu.my/69994/7/69994%20How%20Important%20is%20Water%20Endowment.pdf |