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Cross-country econometric analysis informed by Heckscher-Ohlin trade theory suggests that the concentration of Africa's exports on unprocessed primary products is caused largely by the region's combination of low levels of education and abundant natural resources. In some African countries, the...
Persistent link: https://www.econbiz.de/10005554547
World-wide cross-country regressions are used to examine South Asia's export structure through the lens of Heckscher-Ohlin trade theory. By comparison with other regions, South Asia's exports are unusually concentrated on labour-intensive manufactures. This distinctive export structure is shown...
Persistent link: https://www.econbiz.de/10005640062