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Goods, Services and Trade

Author

Listed:
  • Slobodan Djajic
  • Henryk Kierzkowski

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.

Suggested Citation

  • Slobodan Djajic & Henryk Kierzkowski, 1986. "Goods, Services and Trade," Working Paper 680, Economics Department, Queen's University.
    • Handle: RePEc:qed:wpaper:680
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    Cited by:

    1. Henryk Kierzkowski, 1988. "Strategic Trade, Embargoes, and Imperfect Competition," NBER Chapters, in: Issues in US-EC Trade Relations, pages 133-152, National Bureau of Economic Research, Inc.

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