Changing Comparative Advantages
AbstractThis paper inspects how comparative advantages have changed in the last 30 years. Using trade data on 197 countries over the period 1976- 2004, it provides evidence that comparative advantages are not static, but change over time. More interestingly, it shows the rise in relevance of institutional comparative advantage. Finally, it shows that this results does not hold for some countries (BRIC).
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Bibliographic InfoPaper provided by Economic and Social Research Institute (ESRI) in its series Papers with number DYNREG21.
Length: 20 pages
Date of creation: 2008
Date of revision:
Note: DYNREG Research Project – Dynamic Regions in a Knowledge-Driven Global Economy: Lessons and Policy Implications for the European Union
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-10-21 (All new papers)
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