It has been suggested that, during the 1970s and 1980s, excess capacity played an important role in the performance of Latin American exports of manufactures. This paper shows that countercyclical factors should be expected for most exports, and submits the hypothesis that these effects are more...

Different methods for measuring rent (natural-resource) content have been proposed in studies of the primary-input content of trade. In this paper, these methods are applied to obtain different industry-level estimates of the primary-input contents and the primary-input intensities of...