Goods, Services and Trade

Slobodan Djajic and Henryk Kierzkowski

Working Paper from Economics Department, Queen's University

Abstract: This paper deals with the role of services in an open economy in the context of the Heckscher-Ohlin trade model. The analysis focuses on services associated with maintenance of durable goods. Assuming services are labour-intensive, we show the type of durable demanded in relatively labour-abundant countries tends to require relatively more servicing per unit of time.

Pages: 22 pages
Date: 1986
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:680

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