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• W207834882 abstract "An empirical model of U.S./foreign transactions shows the U.S. to have a comparative advantage in labor-intensive output and a disadvantage in an energy-capital input. The labor-intensive advantage is apparent when traded goods are defined to include intra-industry trade and when sectors are identified by their net trade balance. The findings of Leontief and Baldwin that import-competing production is relatively labor-intensive is substantiated. The model used incorporates energy as a third input to determine the outcome of energy conservation. The export of labor and capital during the 1960s is shown to balance the import of energy, although complimentarity can be demonstrated for energy-labor only. 25 references." @default.
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• W207834882 date "1978-03-01" @default.
• W207834882 modified "2023-09-27" @default.
• W207834882 title "Energy, the Heckscher-Ohlin theorem, and U. S. international trade" @default.
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