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It is customary in the empirical trade literature to analyze specialization patterns of countries using Revealed Comparative Advantage (RCA) measures. This paper explores the pros and cons of the most commonly used RCA index: the Balassa (1965) Index of RCA. After describing the properties of...
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Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows …
Persistent link: https://www.econbiz.de/10013218517
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows …
Persistent link: https://www.econbiz.de/10012472755
Trade theorists have come to understand that their theory is ambiguous on the question : are trade and factor flows …
Persistent link: https://www.econbiz.de/10014073683
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This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these cycles reflect changing patterns of specialisation. By focusing on the regional level and by employing three different indicators of similarity of sectoral structure, it improves on...
Persistent link: https://www.econbiz.de/10002529920