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Changing Comparative Advantages

Author

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  • Nicolini, Marcella

    (ISLA, Bocconi University, Milan)

Abstract

This 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).

Suggested Citation

  • Nicolini, Marcella, 2008. "Changing Comparative Advantages," Papers DYNREG21, Economic and Social Research Institute (ESRI).
    • Handle: RePEc:esr:wpaper:dynreg21
    Note: DYNREG Research Project – Dynamic Regions in a Knowledge-Driven Global Economy: Lessons and Policy Implications for the European Union
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    References listed on IDEAS

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    1. Werner Antweiler & Daniel Trefler, 2002. "Increasing Returns and All That: A View from Trade," American Economic Review, American Economic Association, vol. 92(1), pages 93-119, March.
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    8. Alessandro Nicita & Marcelo Olarreaga, 2007. "Trade, Production, and Protection Database, 1976--2004," The World Bank Economic Review, World Bank, vol. 21(1), pages 165-171.
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