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.
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Publisher Info
Paper provided by Kyoto University, Institute of Economic Research in its series KIER Working Papers with number
645.
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