Revealed Comparative Advantage and

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Revealed Comparative Advantage and

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dc.contributor.author Laursen, Keld
dc.date.accessioned 2010-06-30
dc.date.accessioned 2010-06-30T11:28:29Z
dc.date.available 2010-06-30T11:28:29Z
dc.date.issued 2010-06-30
dc.identifier.isbn 8778730694
dc.identifier.uri http://hdl.handle.net/10398/8092
dc.description.abstract The paper is an analysis of Balassa’s ‘revealed comparative advantage’ (RCA). The papers shows that when using the RCA, it should always be adjusted in such a way, so that it becomes symmetric. The conclusion is based on a theoretical discussion of the properties of the measure, but also on convincing empirical evidence, based on the Jarque-Bera test of normality of the error terms from regressions, using both the RCA and the ‘Revealed Symmetric Comparative Advantage’ (the RSCA). The RSCA is also compared to other measures of international trade specialisation. These measures included the Michaely index and the chi square measure. The conclusion emerging from the analysis is that the RSCA is - on balance - the best measure of comparative advantage. en_US
dc.format.extent 24 s. en_US
dc.language eng en_US
dc.relation.ispartofseries DRUID;98-30
dc.subject.other revealed comparative advantage, international specialisation. en_US
dc.title Revealed Comparative Advantage and en_US
dc.type wp en_US
dc.accessionstatus modt10jun30 siso en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Innovation og Organisationsøkonomi en_US
dc.contributor.departmentshort INO en_US
dc.contributor.departmentuk Department of Innovation and Organizational Economics en_US
dc.contributor.departmentukshort INO en_US
dc.idnumber 8778730694 en_US
dc.publisher.city København en_US
dc.publisher.year 1998 en_US


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