Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing

Using data on net exports and factor endowments for more than 100 countries, this paper studies the relationship between factor endowments and comparative advantage in 28 manufacturing sectors between 1975 and 2010. The authors allow for systematic...

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Main Authors:	Hakobyan, Shushanik, Lederman, Daniel
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	factor endowments Rybczynski specialization productivity
Online Access:	http://documents.worldbank.org/curated/en/2016/08/26628743/factor-endowments-technology-capital-mobility-sources-comparative-advantage-manufacturing http://hdl.handle.net/10986/24856

id	okr-10986-24856
recordtype	oai_dc
spelling	okr-10986-248562021-04-23T14:04:27Z Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing Hakobyan, Shushanik Lederman, Daniel factor endowments Rybczynski specialization productivity Using data on net exports and factor endowments for more than 100 countries, this paper studies the relationship between factor endowments and comparative advantage in 28 manufacturing sectors between 1975 and 2010. The authors allow for systematic technological differences across countries, including differences in factor intensities across countries with different ratios of skilled labor over unskilled labor. Capital seems to be a source of comparative disadvantage in manufacturing, and skilled labor is a source of comparative advantage in the global sample. However, skilled labor is a source of comparative disadvantage in economies with low human capital, whereas it is a source of comparative advantage in the sample of countries with high human capital. The authors attribute this heterogeneity to the rise of capital mobility across countries, particularly since the mid-1990s. 2016-08-10T14:11:20Z 2016-08-10T14:11:20Z 2016-08 Working Paper http://documents.worldbank.org/curated/en/2016/08/26628743/factor-endowments-technology-capital-mobility-sources-comparative-advantage-manufacturing http://hdl.handle.net/10986/24856 English en_US Policy Research Working Paper;No. 7777 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Latin America & Caribbean
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	factor endowments Rybczynski specialization productivity
spellingShingle	factor endowments Rybczynski specialization productivity Hakobyan, Shushanik Lederman, Daniel Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
geographic_facet	Latin America & Caribbean
relation	Policy Research Working Paper;No. 7777
description	Using data on net exports and factor endowments for more than 100 countries, this paper studies the relationship between factor endowments and comparative advantage in 28 manufacturing sectors between 1975 and 2010. The authors allow for systematic technological differences across countries, including differences in factor intensities across countries with different ratios of skilled labor over unskilled labor. Capital seems to be a source of comparative disadvantage in manufacturing, and skilled labor is a source of comparative advantage in the global sample. However, skilled labor is a source of comparative disadvantage in economies with low human capital, whereas it is a source of comparative advantage in the sample of countries with high human capital. The authors attribute this heterogeneity to the rise of capital mobility across countries, particularly since the mid-1990s.
format	Working Paper
author	Hakobyan, Shushanik Lederman, Daniel
author_facet	Hakobyan, Shushanik Lederman, Daniel
author_sort	Hakobyan, Shushanik
title	Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
title_short	Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
title_full	Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
title_fullStr	Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
title_full_unstemmed	Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing
title_sort	factor endowments, technology, capital mobility and the sources of comparative advantage in manufacturing
publisher	World Bank, Washington, DC
publishDate	2016
url	http://documents.worldbank.org/curated/en/2016/08/26628743/factor-endowments-technology-capital-mobility-sources-comparative-advantage-manufacturing http://hdl.handle.net/10986/24856
_version_	1764457833155264512

Factor Endowments, Technology, Capital Mobility and the Sources of Comparative Advantage in Manufacturing

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