Changing Comparative Advantages

Marcella Nicolini ()
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Marcella Nicolini: ISLA, Bocconi University, Milan

No DYNREG21, Papers from Economic and Social Research Institute (ESRI)

Abstract: This paper inspects how comparative advantages have changed in the last 30 years. Using trade data on 197 countries over the period 1976- 2004, it provides evidence that comparative advantages are not static, but change over time. More interestingly, it shows the rise in relevance of institutional comparative advantage. Finally, it shows that this results does not hold for some countries (BRIC).

Keywords: DYNREG (search for similar items in EconPapers)
Pages: 20 pages
Date: 2008
Note: DYNREG Research Project – Dynamic Regions in a Knowledge-Driven Global Economy: Lessons and Policy Implications for the European Union
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