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Harrigan and Zakrajsek.

Harrigan and Zakrajsek study the relationship between specialization and relative factor supplies. Using a panel of 23 countries over 23 years, they show that factor endowments do help to predict specialization, particularly in large industrial sectors which are not natural-resource based. Their conclusion is that relative factor endowments have a large influence on specialization. However, there is still a great degree of country-specific idiosyncrasy in specialization patterns. A fuller account of specialization probably will include roles for history geography, technology and economic policy -- but such an account definitely will include a role for relative factor supplies.
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Title Annotation:Specialization and factor supplies
Publication:NBER Reporter
Article Type:Brief Article
Date:Mar 22, 2000
Words:96
Previous Article:Rose.
Next Article:Davis and Weinstein.
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