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Dynamics of Trade Specialization in Developed and Less Developed Countries

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Author Info
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.

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Publisher Info
Article provided by M.E. Sharpe, Inc. in its journal Emerging Markets Finance and Trade.

Volume (Year): 41 (2005)
Issue (Month): 3 (May)
Pages: 92-111
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Handle: RePEc:mes:emfitr:v:41:y:2005:i:3:p:92-111

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Related research
Keywords: dynamics of revealed comparative advantage; structural change; trade specialization;

Cited by:
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  1. d'Artis Kancs & Pavel Ciaian & 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). [Downloadable!]
    Other versions:
  2. Ziesemer, Thomas, 2009. "The Impact of the Credit Crisis on Poor Developing Countries: Growth, worker remittances, accumulation and migration," UNU-MERIT Working Paper Series 026, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
  3. Ziesemer, Thomas, 2008. "Worker remittances, migration, accumulation and growth in poor developing countries," UNU-MERIT Working Paper Series 063, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
  4. Pablo M Garcia, 2003. "Measuring Willingness-To-Pay in Discrete Choice Models with Semi- Parametric Techniques," EERI Research Paper Series EERI_RP_2003_03, Economics and Econometrics Research Institute (EERI). [Downloadable!]
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