Labor skills and factor proportions trade in the gulf cooperation council

Henry Thompson and Hugo Toledo

International Review of Economics & Finance, 2010, vol. 19, issue 3, 407-411

Abstract: A new measure of factor intensity and abundance from trade theory is utilized to predict potential trade and income redistribution between traditional and modern economies in the Gulf Cooperation Council. Differences in labor skill intensity and abundance suggest there will be substantial trade between the modern (Bahrain, Qatar, UAE) and traditional (Kuwait, Oman, Saudi Arabia) economies in the GCC. Due to the limited data, the UAE and Kuwait are taken to represent the modern and traditional economies.

Keywords: Factor; intensity; Factor; abundance; Free; trade; Arab; Gulf; GCC; UAE; Kuwait (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:19:y:2010:i:3:p:407-411

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