Does comparative advantage explain countries’ diversification level?
نویسندگان
چکیده
منابع مشابه
Does Comparative Advantage Explain Export Patterns in China?
Revealed comparative advantage indices are calculated for China (1980-2000 period) and the Chinese provinces (1990-1998 period) and then incorporated into a reduced form export equation. The results of China’s export patterns show that China has moved from a heavy industry-oriented development strategy to a comparative advantage one, with, however, marked differences among provinces. The econom...
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Empirical evidence suggests that stockholders do not diversify their portfolios to any significant level, and they are compensated for bearing idiosyncratic risk. In this paper, we breakdown the abnormal returns of size, value, long-term-reversal, momentum, and short-term contrarian premiums into diversification and net selectivity components to find that the anomalies in the U.S. and the inter...
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BACKGROUND A mental health advantage has been observed among adolescents in urban areas. This prospective study tests whether cultural integration measured by cross-cultural friendships explains a mental health advantage for adolescents. METHODS A prospective cohort of adolescents was recruited from 51 secondary schools in 10 London boroughs. Cultural identity was assessed by friendship choic...
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— This paper focuses on the question of whether labor standards can affect comparative advantage in unskilled-labor-intensive goods in developing countries, and thereby influence trade flows. Using a Heckscher–Ohlin framework, the effects of low labor standards depend on the type of standard: Forced and child labor lead to an increase in the endowment of unskilled labor, and hence improve compa...
متن کاملThe Impact of Comparative Advantage of Agricultural Triple Industries and Export Diversification on the Value-Added Industries in Iran
Developmental plans of the country emphasize on the exports-focused growth strategy, and export diversification is one of the most appropriate policies in this area. Export diversification moves from primary goods to industrial goods. Yet, export diversification, according to the principles of international trade, must be based on comparative advantage until to change value-added. Changes in th...
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ژورنال
عنوان ژورنال: Review of World Economics
سال: 2011
ISSN: 1610-2878,1610-2886
DOI: 10.1007/s10290-011-0097-7