Economics at your fingertips  

The granular and fundamental components of export specialization

Juan de Lucio (), Raúl Mínguez, Asier Minondo () and Francisco Requena Silvente ()
Additional contact information
Raúl Mínguez: Universidad Nebrija. Calle de Santa Cruz de Marcenado, 27, 28015, Madrid (Spain).

No 1704, Working Papers from Department of Applied Economics II, Universidad de Valencia

Abstract: Countries' export specialization patterns are often caused by the behavior of very few firms. We propose an easy-to-implement methodology to decompose export specialization into fundamental comparative advantage (a country-specific component) and granular comparative advantage (a firm-specific component). We apply this methodology to analyze export specialization across countries and across regions within a country. In the country-level analysis, we find that, on average, granular comparative advantage leads to export specialization in 29% of industries, which account for 47% of total exports. We also show that 60% of the variation in export specialization across countries is explained by granular comparative advantage. The contribution of firms to export specialization is more important across regions within a country than across countries.

Keywords: exports; fundamental comparative advantage; granular comparative advantage; European Union; Spain; regions; export superstars; firm-level data (search for similar items in EconPapers)
JEL-codes: F12 F14 (search for similar items in EconPapers)
Date: 2017-04
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) First version, 2017 (application/pdf)

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:

Access Statistics for this paper

More papers in Working Papers from Department of Applied Economics II, Universidad de Valencia Contact information at EDIRC.
Bibliographic data for series maintained by Vicente Esteve ().

Page updated 2022-01-16
Handle: RePEc:eec:wpaper:1704