Comparative Advantage Structure of U.S. International Services
Makoto Hisanaga ()
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Makoto Hisanaga: Institute of Economic Research, Kyoto University
No 633, KIER Working Papers from Kyoto University, Institute of Economic Research
This paper is an investigation of the comparative advantage structure of United States (U.S.) international trade in services. It appears conclusively that the U.S. has a strong comparative advantage in knowledge-based services. For this study, the author adopts the Revealed Comparative Advantage (RCA) index to analyze the structure, and demonstrates that the variances in the RCA deviations indicate a similarity in the export structure between the U.S. and the world. The focus of this study is also on the role of the multinational companies. This view links microeconomic entities and the macroeconomic surroundings.
Keywords: Trade in Services; Intellectual Property Rights; Comparative Advantage; Competitive Advantage; Revealed Comparative Advantage (RCA); Multinational Companies; Offshoring (search for similar items in EconPapers)
JEL-codes: C02 F01 F23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-int and nep-knm
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Persistent link: https://EconPapers.repec.org/RePEc:kyo:wpaper:633
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