1998 | OriginalPaper | Chapter
Empirical Tests of the HOS Hypothesis: The Tests of Assumptions
Author : J. Borkakoti
Published in: International Trade: Causes and Consequences
Publisher: Macmillan Education UK
Included in: Professional Book Archive
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It is a reasonable methodological procedure to test the empirical validity of the crucial assumptionsassumptions1 of a model since the conclusions of a hypotheticodeductive model are dependent on the explanans. Notwithstanding the F-twist, Friedman (1953, p.28) clearly states that assumptions facilitate an indirect test of a hypothesis by their implications.