Revealed Specialization: Evidence on U.S. International Services
AbstractThis paper is an investigation of the comparative advantage structure of United States (U.S.) international trade in services. It appears that the U.S. has a strong comparative advantage in knowledge-based services. For this study, the author adopts the Revealed Comparative Advantage (RCA) index to analyze the comparative advantage structure, and demonstrates that variance in the RCA deviations indicates a similarity in the export structure between the U.S. and the world. This study also focuses on the role of multinational companies, linking microeconomic entities and the macroeconomic surroundings.
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Bibliographic InfoPaper provided by Kyoto University, Institute of Economic Research in its series KIER Working Papers with number 645.
Date of creation: Jan 2008
Date of revision:
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More information through EDIRC
Trade in Services; Intellectual Property Rights; Comparative Advantage; Competitive Advantage; Revealed Comparative Advantage (RCA); Multinational Companies; Offshoring;
Find related papers by JEL classification:
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- F01 - International Economics - - General - - - Global Outlook
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
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