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This paper examines the determinants of international competitiveness at the level of sectors and firms. First, we address the relation between cost-related and technological competition in a sample of fifteen OECD countries. Results suggest that the countries' sectoral market shares are indeed...
Persistent link: https://www.econbiz.de/10010403711
We posit that comparative advantage is discovered via alternative transactional regimes of trading. Transactional regimes are performative, based on different forms of embedded agency. The theory is applied on a study of Brazilian coffee business which manifests the increasing importance of...
Persistent link: https://www.econbiz.de/10013124344
This work deals with the issue of the Italy's competitiveness vis-à-vis the trade dynamism and performance of the new emerging Southern economies: China, India, Brazil, and South Africa (CIBS). Having examined the trade patterns, main competitors and trade specialization of the countries...
Persistent link: https://www.econbiz.de/10013109108
Many observers view the large external current account deficit in Spain as a symptom of declining competitiveness. To check this hypothesis, this paper examines several indicators commonly used to evaluate external competitiveness. The first of them is the export quota in the world, which has...
Persistent link: https://www.econbiz.de/10012723553
This paper explores export competitiveness from the perspectives of Revealed Comparative Advantage (RCA) initiated by Balassa (1965) using trade statistics between 2010 and 2015 under HS code. It is to examine which commodities or industries Myanmar has gained RCA in over 6 years and how these...
Persistent link: https://www.econbiz.de/10012956940
I propose a method of moments estimator of revealed comparative advantage based on a flexible specification of trade flows that is consistent with a large class of gravity models of international trade. I show that this estimator has many desirable properties. It is theoretically consistent with...
Persistent link: https://www.econbiz.de/10012961971
Ricardian theories of production often take the comparative advantage of locations in diff erent industries to be uncorrelated. They are seen as the outcome of the realization of a random extreme value distribution. These theories do not take a stance regarding the counterfactual or implied...
Persistent link: https://www.econbiz.de/10012904975
This paper shows that there are endogenous financial constraints arising from trade liberalization. We find that banks with a high share of loans to firms exposed to competition from China experience an increase in non-performing loans and a reduction in their credit capacity. The drop in credit...
Persistent link: https://www.econbiz.de/10012824792
This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity and export performance among European economies. We use the information compiled in the Trade module of CompNet to establish new stylized facts regarding the joint distributions...
Persistent link: https://www.econbiz.de/10013020681
With the availability of international value added trade data it has become evident that gross export data and value added data do not provide the same information. Although gross exports crosses national borders and is the target of trade policy, value added data tell us what fragment in the...
Persistent link: https://www.econbiz.de/10013023177