Exporting Manufactures: Trade Policy or Human Resources?
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Whether a country exports manufactures or primary products is determined mainly by the skill level of its labour force, relative to the extent of its natural resources. This proposition is derived from a modified version of Heckscher-Ohlin theory, and strongly supported by econometric evidence. Variation in trade policies currently accounts for only a small part of the cross-country variation in the relative importance of manufactured exports. These findings have important implications for development strategy advice.
CitationWood, A. & K. Berge (1994) Exporting Manufactures: Trade Policy or Human Resources? IDS Working Paper 4. Brighton: IDS.
Is part of seriesIDS working papers;4
Library catalogue entryhttp://bldscat.ids.ac.uk/cgi-bin/koha/opac-detail.pl?biblionumber=109673
Rights holderInstitute of Development Studies
- IDS Research