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...

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...

We use a specific-factor model to examine the conditions under which policy-makers are able to increase aggregate production of high-tech goods by production or R&D-subsidies in the short and long run. The difficulties for the policy-makers in designing a subsidy scheme that succeeds in...