A Simple Cross-Country Index of Trade Specialization

Amador, João; Cabral, Sónia; Maria, José R.

doi:10.1007/s11079-009-9130-z

Cited by 20 publications

(18 citation statements)

References 22 publications

(21 reference statements)

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“…Another additive version consists of substituting X JKt for X iKt as the normalization variable, namely total exports in the trade area under consideration (Yu et al 2009). In addition, normalization of the BX ratio by the across-product mean for a given country (Proudman and Redding 1998;Proudman and Redding 2000) or the across-country mean for a given product (Amador et al 2011) has been suggested.…”

Section: Alternative Rca Indexesmentioning

confidence: 99%

A New Class of Revealed Comparative Advantage Indexes

Danna-Buitrago

Stellian

2021

Open Econ Rev

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This paper draws upon a critical analysis of the three RCA indexes in Vollrath (1991) to propose a new class of RCA indexes. The baseline RCA index in this new class rests on the overall structure of trade, is symmetric, avoids size bias and is compatible with the Kunimoto-Vollrath principle. Possible modifications of the baseline RCA index are subsequently suggested to take into account GDP per capita data and to use adjusted trade data with the aim of better measuring comparative advantages. These modified versions together with the baseline RCA index give rise to a whole new class of RCA indexes. An application to the Euro area indicates that this new class is able to rank countries according to their respective levels of comparative advantages in a more consistent way than alternative RCA indexes. Furthermore, the new class of RCA indexes provides second-best solutions for time stationarity and the desirable distributional characteristics of an RCA index.

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Section: Alternative Rca Indexesmentioning

confidence: 99%

A New Class of Revealed Comparative Advantage Indexes

Danna-Buitrago

Stellian

2021

Open Econ Rev

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“…The neglect of the sub-national analysis of exports has been a glaring omission in the existing literature on Portugal, despite evidence of the insurmountable contribution which exports have had towards strengthening the Portuguese economy (Felke and Eide, 2014; Lains, 1994). In Portugal, the attention of policymakers and academics towards export activity has been largely directed to national export performance, often with a firm or sectoral approach (Amador, 2017; Amador et al, 2007a, 2007b; Crespo and Fontoura, 2004). What is little known is what routes industries and firms in different regions have taken in face of the growing phenomenon of internationalisation.…”

Section: Introductionmentioning

confidence: 99%

Industrial dynamics in the context of a region’s international competitiveness

Varum

Guimarães

Oliveira

et al. 2020

Local Economy: The Journal of the Local Economy Policy Unit

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This article attempts to explain the resilience and international competitiveness of a micro-region in Portugal, based on three intertwined levels – firm, industrial structure and region. The study covers the period 2006–2014 and is based upon a rich micro-level dataset of all firms established in Portugal. The findings reveal the dynamics of the industrial base of this region and how its enterprises managed to remain competitive over time, reinventing themselves through innovation and related diversification, conveying knowledge and expertise from incumbent businesses to new ones with higher value added. Proximity between firms played an important role in learning processes, and knowledge creation was promoted by shared knowledge. Competitiveness requires ongoing replacement of resources and rejuvenation of structures and institutions, turning regional capabilities into valuable assets.

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“…L'analisi del posizionamento competitivo dei Paesi del bacino del Mediterraneo, per i prodotti agroalimentari, avverrà mediante l'accertamento della competitività settoriale basata sull'indice matematico RCA -Revealed Comparative Advantage (vantaggio comparato rivelato). In questo studio l'Indice RCA utilizzato è quello classico proposto originariamente da Balassa (1965) e già ampiamente utilizzato nella letteratura scientifica di settore (Amador et al, 2011;Amighini et al, 2011).…”

Section: Introduzioneunclassified