Herfindahl-Hirschman Meets International Trade and Development Theories
To date there does not exist one a generally acceptable measure or index of Specialization in International Trade. Development Economic Theory embraces the expectation of a direct relationship between economic growth and export diversification. However, International Trade Theory supports the association of export expansion with increased specialization. The paper proposes a Specialization Index and applies it to six small developing countries: Singapore, South Korea, Malaysia, Mexico, Tunisia and Morocco, during the years of their take offs. Additionally, the index is applied to the two large fast growing economies of Chine and India.
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- Sebastian Claro, 2009.
"FDI Liberalization as a Source of Comparative Advantage in China,"
Review of Development Economics,
Wiley Blackwell, vol. 13(4), pages 740-753, November.
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- Kazunobu Hayakawa, 2007. "Growth Of Intermediate Goods Trade In East Asia," Pacific Economic Review, Wiley Blackwell, vol. 12(4), pages 511-523, October.
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