 What do Alternative Measures of Comparative Advantage Reveal about the Composition of Developing Countries' Exports?Alexander J. Yeats
Indian Economic Review, 1992, vol. 27, issue 2, 139-154 Abstract: In spite of their extensive applications in research and policy studies, no previous product level comparisons have been made between Balassa's revealed comparative advantage index (RCA) and indices which reflect the standard Hecksher-Ohlin theory of comparative advantage. This study conducts several empirical tests relating to this point for developing countries' exports of manufactured products. The results show that products in which developing countries have achieved a revealed comparative advantage are highly concentrated in a broad group of labour intensive products, while, for other items, their RCAs are generally below unity. However, within the labour intensive group developing countries failed to develop a revealed comparative advantage for about one-half of the items. A regression model suggests that natural resource availability, human, and physical capital requirements are constraining exports of these products. JEL-codes: F11 (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:dse:indecr:v:27:y:1992:i:2:p:139-154 Ordering information: This journal article can be ordered from Access Statistics for this article Indian Economic Review is currently edited by Pami Dua (Editor) & Ram Singh (Associate Editor) and Sunil Kanwar More articles in Indian Economic Review from Department of Economics, Delhi School of Economics University of Delhi, Delhi 110 007. Contact information at EDIRC. |
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