@techreport{NBERw8637, title = "The Factor Content of Trade", author = "Donald R. Davis and David E. Weinstein", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "8637", year = "2001", month = "December", URL = "http://www.nber.org/papers/w8637", abstract = {Study of the factor content of trade has become a laboratory to test our ideas about how the key elements of endowments, production, absorption and trade fit together within a general equilibrium framework. Already a great deal of progress has been made in fitting these pieces together. Nevertheless, the existing research raises a great many questions that should help to focus empirical research in the coming years. Among the more pressing issues is a deeper consideration of the role of intermediates, the role of aggregation biases, and of differences in patterns of absorption. This work should provide a more substantial foundation for future policy work developed within a factor content framework.}, }