We analyze the medium- and long-run effects of international integration of capital markets on specialization patterns of countries. For that purpose, we incorporate induced technical change into a Heckscher-Ohlin model with a continuum of final goods. This provides a comprehensive theory that...

We perform a characterization of Colombia's industrial exports for the 1990-2010 period. We contrast the commonly used classification of exports (traditional vs. nontraditional) to that of Lall's (2000), which is based on the technological component of exports, stressing the advantages of the...

The extent to which Canadian manufacturing exports are sensitive to national differences in patent rights are examined. The conclusion is that, overall, Canadians tend to export more to those countries where their patent rights are highly safeguarded. Stronger patent protection induces Canadians...