Trade Integration and Revealed Comparative Advantages of Sub-Saharan Africa and Latin America & Caribbean Merchandise Export

Hailay Gebretinsae Beyene

The International Trade Journal, 2014, vol. 28, issue 5, 411-441

Abstract: This study examined the revealed comparative advantage (RCA) of sub-Saharan Africa (SSA) and Latin America & Caribbean (LAC) on the export of five merchandise subsectors (during 1995 to 2010) using the World Development Indicators database. Despite improvements observed, SSA's and LAC's trade share and economic integration are low. LAC has stronger RCA than SSA in export of food items though the gap in their competitiveness is not wide. The SSA region has higher RCA in export of agricultural raw materials, fuel, and ores and metals than LAC. Both regions have revealed comparative disadvantage in the export of manufactures, though lesser in LAC.

Date: 2014
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DOI: 10.1080/08853908.2014.952851

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