Printer Friendly

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.
COPYRIGHT 2000 National Bureau of Economic Research, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Specialization and factor supplies
Publication:NBER Reporter
Article Type:Brief Article
Date:Mar 22, 2000
Previous Article:Rose.
Next Article:Davis and Weinstein.

Related Articles
International Trade and Investment.
New Development in Empirical International Trade. (Conferences).
FORMER CALPERS LEADER JOINING CITY PENSION COMMISSION. Offers Free Directory Listings to Invoice Factoring Companies.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters