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Revealed Specialization: Evidence on U.S. International Services

Author

Listed:
  • Makoto Hisanaga

    (Institute of Economic Research, Kyoto University)

Abstract

This 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.

Suggested Citation

  • Makoto Hisanaga, 2008. "Revealed Specialization: Evidence on U.S. International Services," KIER Working Papers 645, Kyoto University, Institute of Economic Research.
    • Handle: RePEc:kyo:wpaper:645
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    Citations

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    Cited by:

    1. Cunha Nuno & Forte Rosa, 2017. "The Comparative Advantages in the Services Sector of Developing Economies," Global Economy Journal, De Gruyter, vol. 17(4), pages 1-24, December.

    More about this item

    Keywords

    Trade in Services; Intellectual Property Rights; Comparative Advantage; Competitive Advantage; Revealed Comparative Advantage (RCA); Multinational Companies; Offshoring;
    All these keywords.

    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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