International trade in financial services is a topic of some importance both to the financial services sector itself and in international trade negotiations. Unfortunately, intrinsic problems in defining and measuring trade in services, combined with a lack of data in many countries, have made...

International trade in financial services is a topic of some importance both to the financial services sector itself and in international trade negotiations. Unfortunately, intrinsic problems in defining and measuring trade in services, combined with a lack of data in many countries, have made...

This note considers the impact of recent generalizations of trade theory upon indices of 'revealed' comparative advantage. In particular, defining economic activities in terms of net output meets some of the theoretical objections to such measures. For two types of measures--trade/production and...

In this paper we perform a theoretical and data analysis aimed at linking two strands of literature based on the Heckscher-Ohlin-Vanek (HOV) theorem. First, we calculate factor-intensity rankings for U.S. and U.K. global trade, using several natural resources, types of capital, and detailed...