The Factor Content of Trade

   (290 K)

Study of the factor content of trade has become a laboratory to test our ideas about how the key elements of endowments, production, absorption and trade fit together within a general equilibrium framework. Already a great deal of progress has been made in fitting these pieces together. Nevertheless, the existing research raises a great many questions that should help to focus empirical research in the coming years. Among the more pressing issues is a deeper consideration of the role of intermediates, the role of aggregation biases, and of differences in patterns of absorption. This work should provide a more substantial foundation for future policy work developed within a factor content framework.

Published: J. Choi, Harrigan (eds.) The Handbook of International Trade. London: Blackwell, 2003.

This paper is available as PDF (290 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX