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This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American (LA) economies. We construct a measure of Revealed Comparative Advantage (RCA) by 3-digit ISIC sector, country, and year. This RCA accounts...
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of natural resource abundance, export concentration and intra-industry trade. We test the robustness of these … growth, especially natural resource abundance and export concentration. In contrast to much of the recent literature, natural … resource abundance appears to have a positive effect on growth whereas export concentration hampers growth …
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. Export vulnerability depends first on the overall level of export exposure, measured as the share of exports in gross … gross domestic product using a gravity model of trade. Furthermore, export vulnerability is computed separately for … composition of their export basket. Although the results suggest differences in elasticity estimates across regions as well as …
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. Export vulnerability depends first on the overall level of export exposure, measured as the share of exports in gross … gross domestic product using a gravity model of trade. Furthermore, export vulnerability is computed separately for … composition of their export basket. Although the results suggest differences in elasticity estimates across regions as well as …
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