IDEAS home Printed from https://ideas.repec.org/p/wti/papers/148.html
   My bibliography  Save this paper

Indicators and Patterns of Specialization in International Trade

Author

Listed:
  • Ferrarini, Benno
  • Scaramozzino, Pasquale

Abstract

This paper extends the analysis of the product space in two dimensions. It considers net trade flowsinstead of single-trade flows as the basis for the measurement of comparative advantage, andincorporates vertical specialization into the analysis. The representation of the product spaceappears very different according to a net-trade flow indicator compared to a single-trade flowindicator, with much fewer links to connect low and medium-low productivity sectors to mediumhighand high sectors. Vertical specialization is analysed through the distribution of unit valueswithin sectors. The pattern of trade specialization is radically different for low and for high unitvalues, thus justifying a separate analysis along different segments of the unit value distribution. 

Suggested Citation

  • Ferrarini, Benno & Scaramozzino, Pasquale, 2011. "Indicators and Patterns of Specialization in International Trade," Papers 148, World Trade Institute.
  • Handle: RePEc:wti:papers:148
    as

    Download full text from publisher

    File URL: http://www.wti.org/media/filer_public/3c/45/3c450e2f-21a9-4ce0-846b-f33acb38b7b5/indicators_and_patterns_of_specialization.pdf
    File Function: First version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Lionel Fontagné & Michael Freudenberg & Guillaume Gaulier, 2006. "A Systematic Decomposition of World Trade into Horizontal and Vertical IIT," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 142(3), pages 459-475, October.
    2. Cesar A. Hidalgo & Ricardo Hausmann, 2009. "The Building Blocks of Economic Complexity," Papers 0909.3890, arXiv.org.
    3. Andrea Zaghini, 2005. "Evolution of trade patterns in the new EU member states," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(4), pages 629-658, October.
    4. Ferrarini, Benno & Scaramozzino, Pasquale, 2009. "Tariff Liberalization and Trade Specialization in India," Papers 87, World Trade Institute.
    5. C. A. Hidalgo & B. Klinger & A. -L. Barabasi & R. Hausmann, 2007. "The Product Space Conditions the Development of Nations," Papers 0708.2090, arXiv.org.
    6. Ricardo Hausmann & Bailey Klinger, 2006. "Structural Transformation and Patterns of Comparative Advantage in the Product Space," CID Working Papers 128, Center for International Development at Harvard University.
    7. Balassa, Bela, 1986. "Comparative Advantage in Manufactured Goods: A Reappraisal," The Review of Economics and Statistics, MIT Press, vol. 68(2), pages 315-319, May.
    8. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
    9. David Greenaway & Johan Torstensson, 1997. "Back to the future: Taking stock on intra-industry trade," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 133(2), pages 249-269, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ines Kersan-Skabic, 2017. "Trade in Value Added (TiVA) in EU New Member States (EU NMS)," Croatian Economic Survey, The Institute of Economics, Zagreb, vol. 19(2), pages 105-133, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wti:papers:148. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Morven McLean). General contact details of provider: http://edirc.repec.org/data/wtibech.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.