SHERP

Revealed Comparative Economies of Scope and Development Index

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Authors
Li, Shuhe; Gong, Changzhen
Issue Date
1995
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 8 (No. 3 1995): 301-310
Keywords
scale and scope; output per capita; export and import
Abstract
In this note, we attempt to construct some summary statistic to measure economic development and make comparisons across countries. A development index is defined in terms of both "scale" and "scope". "Scale" is measured by output per capita. "Scope" is measured by revealed comparative economies of scope, which in turn is measured by the ratio of the variety of exports over the variety of imports for a country. Using purchasing power parity and the Standard International Trade Classification, we have computed the development index for forty countries.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1063
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.08(3) (Fall 1995)
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