Publications
Detailed Information
Convergence towards the Revealed Comparative Advantage Neutral Point for East Asia: Similarities and Differences between the Three Countries
Cited 0 time in
Web of Science
Cited 0 time in Scopus
- Authors
- Issue Date
- 2011-01
- Citation
- Seoul Journal of Economics, Vol.24 No.1, pp. 21-50
- Keywords
- Revealed comparative advantage ; Balassa’s and normalized indices ; Galtonian ; Robust ; Quantile regressions ; Convergence ; East Asia
- Abstract
- The aim of this study is to use two main revealed comparative
advantage (RCA) indices (Balassas and the most recent normalized
indices) and various quantitative techniques in order to systemically
and rigorously draw some conclusions as to comparative advantage
(CA) of the three East Asian countries. We use both HS 2-digit and
4-digit data to see how the three countries perform in RCA from 1995
to 2008. Overall, we find that there still exists a strict hierarchy in
terms of CA in the three East Asian countries, although there is also
a catching up process between them with a convergence towards a
more competitive structure of RCA in exports. This mainly means
that Japan and Korea are already in the process of converging
towards the RCA neutral point (thus sectors that had RCA in 1995
get worse and sectors that did not have RCA in 1995 get better).
However, Chinas position is still different from that of the other two
countries (overall it might still be in the process of divergence).
- ISSN
- 1225-0279
- Language
- English
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.