Interindustry specialization in intra-Nordic trade is studied in the context of a simple model where technical differences and capital-labor ratios interact in determining net export. The empirical test largely concurs with the theory. Countries are net exporters in industries where their...

This paper examines the effects of the collapse of the communist regimes of Eastern Europe on economic reform in developing countries within a framework earlier developed by Albert O. Hirschman (1964). It is shown that countries relying on help from Eastern Europe, socialist developing...

This paper analyzes empirically the relationship between the structure of property rights and economic growth. Two aspects of property rights are taken into consideration: the degree to which property is state owned and the presence of arbitrary seizure of property. The variable measuring state...

This paper asks whether net trade in the Middle East and North Africa (MENA) can be explained by differences in comparative costs and in the exploitation of scale economies. Based on a sample of six countries, it is shown that factor proportions do not significantly affect net trade. In an...

A large share of world trade, especially among the OECD countries, is twoway trade within industries, so called intra-industry trade. Despite this, few attempts have been made to examine why countries export some products with - in industries, whereas they import others. We examine this issue,...

Two questions in particular will be addressed. First, can earlier results for specific industries that suggest a positive relation between quality and capital-labour ratios of exporting countries be generalized to other industries? Second, what type of capital, physical or human, is most...