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...

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,...

No abstract.

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...

Applies the two-factor version of the Heckscher-Ohlin-Vanek (HOV) theorem. Two hypotheses are derived. The empirical analysis offers support for the second but not for the first hypothesis when trade of each Organization for Economic Co-operation and Development (OECD) country with the rest of...