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...

This paper reports evidence on the factor content of UK trade in 1984 in terms of both broad aggregates of factors and of disaggregated skill categories. It also reports the result of a similar analysis of the higher educational content of UK net exports. This provides not only a measure of the...

The paper develops a version of the Heckscher-Ohlin-Vanek (HOV) theorem of parametric technological differences for application to US and UK data on the factor contents of trade, output, and consumption. A matched set of input-output tables, consumption and trade vectors, and labor occupations...

This paper argues that the underlying supply and demand analysis of fossil energy and other environmental taxes needs further elaboration when a country (a) introduces national fossil energy or environmental taxes and (b) is open to international trade at given world prices. We provide evidence...