â â â  â  â  abstract â  this paper aims to identify key challenges facing iran and south korea in their bilateral trade and investment relations. in particular, it is concerned with the policy implications which can be useful for policy makers and business people of both countries. for this purpose, we review and analyze the recent developments of the iranian economy and bilateral trade and in...

Based on revealed comparative advantage indices, the patterns of China's exports are studied empirically at not only national level but also provincial level. The statistic results have demonstrated that China has changed its export strategy to coincide with the law of comparative advantage. However, there is a distinct difference in export patterns between the coastal region and the interior r...

This paper provides empirical evidence on the determinants of foreign ownership in manufacturing industries. Foreign ownership, according to the theory of international production, is the result of the combination of comparative and competitive advantage. An adequate examination of the ownership structure of an industry requires the ability to establish empirically the extent to which internati...

This documents contains proofs that for the sake of brevity have been omitted from the paper " Endogenous Comparative Advantage, " additional calculations, and a discussion about empirical evidence supporting some implications of the model. To make the derivations self-contained some equations have been duplicated from the main paper.

Less developed countries tend to experience higher output volatility, a fact that is in part explained by their specialization in more volatile sectors. This paper proposes theoretical explanations for this pattern of specialization – with the complexity of the goods playing a central role. Specifically, less developed countries with lower institutional ability to enforce contracts, or alternat...