The comparative advantage of cities
نویسندگان
چکیده
منابع مشابه
Comparative Advantage and Competitive Advantage:
There is a considerable amount of controversy about the model(s) of comparative advantage and its applicability to international business, in particular as a guide to the success of nations and/or firms in international markets. This perception (or understanding) of inapplicability of the model(s) of comparative advantage has lead international business experts to develop new models, or what ma...
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We study the evolution of comparative advantage in a model with two countries and`≥ 2 goods. We show that the stochastically stable set consists of the pattern of production that follows the chain of comparative advantage in a sufficiently large world economy. Also, the chain of comparative advantage has an elegant structure that allows for step-by-step evolution. So convergence towards the equ...
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We characterize the evolution of country export performance over the last five decades. Using the gravity model of trade, we extract a measure of country export capability by industry which we use to evaluate how absolute advantage changes over time for 135 industries in 90 countries. We alternatively use the Balassa RCA index as a measure of comparative advantage. Part I of the analysis docume...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2020
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2020.103291