The Heckscher-Ohlin-Vanek (HOV) equations used in this paper provide a feasible method for projecting longer-run trade patterns of the Former Soviet Union, one that does not depend on elasticities or the optimality of existing resource use. The authors contrast forecasted and actual trade patterns and compare their results with those of other studies.
Iowa State University
Hayes, Dermot J.; Kumi, Alexander; and Johnson, Stanley R., "Trade Impacts of Soviet Reform: A Heckscher-Ohlin-Vanek Approach" (1994). GATT Research Papers. 3.