Economics at your fingertips  

R&D, trade in intermediate inputs, and the comparative advantage of advanced countries

Shuichiro Nishioka ()

Journal of the Japanese and International Economies, 2013, vol. 30, issue C, 96-110

Abstract: This paper examines the accumulation of physical capital versus knowledge (R&D) capital as a determinant of advanced countries’ comparative advantage. I show that advanced countries are abundant in R&D resources, specialize in knowledge-intensive stages of high-technology industries, and outsource labor-intensive stages of the industries to labor-abundant countries. In contrast, global data on production and trade cannot support the conventional view that advanced countries specialize in and export capital-intensive goods. My results indicate that the accumulation of knowledge capital plays a vital role in explaining advanced countries’ comparative advantage.

Keywords: Heckscher–Ohlin–Vanek; R&D service; Specialization; Production techniques; Foreign outsourcing (search for similar items in EconPapers)
JEL-codes: F11 O11 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.jjie.2013.10.004

Access Statistics for this article

Journal of the Japanese and International Economies is currently edited by Takeo Hoshi

More articles in Journal of the Japanese and International Economies from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Page updated 2022-05-14
Handle: RePEc:eee:jjieco:v:30:y:2013:i:c:p:96-110