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In this article we investigate the empirical relationship between overall specialization and per capita income. The metric we use to measure overall specialization is the median of the sectoral distribution of the Balassa Index of Revealed Comparative Advantages applied to four-digit (SITC...
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We investigate the evolution of the economy of the four provinces of the Marche region using information derived from international trade flows. Although mainly descriptive, the analysis reveals several aspects on the changes of their economic structure associated to economic growth. We first...
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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 informational content of the most commonly used RCA index: the Balassa (1965) Index of RCA.
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