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The trade deficit of the USA with its NAFTA partners, Mexico and Canada, increased since 1994 from 21,991 to 119,257 million dollars in 2013 (UNCOMTRADE, 2015. http://comtrade.un.org/db), and most of this increase is explained by the growth in the volume of commerce between Mexico and the USA....
Persistent link: https://www.econbiz.de/10011572587
In this paper, we explore the Economic Fitness (EF) indicator from the World Bank Database that measures the nations level of international competitiveness. At the same time, using input-output tables, we present our estimations of this new metric, replacing the revealed comparative advantages...
Persistent link: https://www.econbiz.de/10014497278