NA/69 Analysing relative factor inputs of Dutch exports: An application of the 1991 Social Accounting Matrix for the Netherlands

Cörvers, Frank and Ted Reininga (1996).The paper analyses the human and physical capital content of Dutch trade and tests the validity of the controversial Heckscher-Ohlin-Vanek (HOV) theorem of international trade for the Netherlands. The factor content analysis shows that the Netherlands is abundant in machinery and equipment and low-skilled labour and is poor in intermediate and high-skilled labour and construction. These findings are in line with the true Dutch factor endowments and underline the relevance of the HOV theorem in the Dutch case.