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Dynamics of Trade Specialization in Developed and Less Developed Countries

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  • JULIA WÖRZ

Abstract

The comparison of revealed comparative advantages for six regions (Organization for Economic Cooperation and Development [OECD] north and south, South and East Asia, Latin America, Central and Eastern Europe) and four skill types (from low- to high-skill-intensive industries) over the years 1981 to 1997 draws a clear picture of differentiation in industrial trade patterns, which has changed quantitatively but not qualitatively over time. There is a clear distinction between the trade patterns of advanced OECD countries and all other regions in the sample with respect to skill intensity of export industries. Two related trends dominate the picture: a trend toward convergence and a trend toward despecialization. Although similar to what has been previously observed for relatively homogenous groups of countries, it is surprising to also find these trends in this larger and more heterogeneous sample.

Suggested Citation

  • Julia Wörz, 2005. "Dynamics of Trade Specialization in Developed and Less Developed Countries," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 41(3), pages 92-111, May.
    • Handle: RePEc:mes:emfitr:v:41:y:2005:i:3:p:92-111
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    Citations

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    Cited by:

    1. Pavel Ciaian & d'Artis Kancs & Jan Pokrivcak, 2008. "Comparative Advantages, Transaction Costs and Factor Content of Agricultural Trade: Empirical Evidence from the CEE," EERI Research Paper Series EERI_RP_2008_03, Economics and Econometrics Research Institute (EERI), Brussels.
    2. García, Pablo Marcelo, 2005. "Measuring Willingness-to-Pay in Discrete Chice Models with Semi-Parametric Techniques," Revista Latinoamericana de Desarrollo Economico, Carrera de Economía de la Universidad Católica Boliviana (UCB) "San Pablo", issue 5, pages 83-100, Octubre.
    3. Ciaian, Pavel & Kancs, d'Artis & Pokrivcak, Jan, 2011. "Comparative Advantages, Transaction Costs and Factor Content in Agricultural Trade: Empirical Evidence from the CEE - Vantaggi comparati, costi di transazione e contenuto dei fattori nel commercio agr," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 64(1), pages 67-101.
    4. Yu, Wusheng, 2009. "Schemes for aggregating preferential tariffs, trade volume effects and African LDCs," Conference papers 331918, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

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