It is customary in the empirical trade literature to analyze specialization patterns of countries using Revealed Comparative Advantage (RCA) measures. This paper explores the informational content of the most commonly used RCA index: the Balassa (1965) Index of RCA. After describing the properties of the Balassa Index, we propose a research strategy based on descriptive statistics, kernel density estimation, concentration and Markov stationarity methods in order to analyze the dynamics of overall specialization
Overall Specialization Empirics: Techniques and Applications / Tamberi, Massimo; LUCA DE, Benedictis. - In: OPEN ECONOMIES REVIEW. - ISSN 0923-7992. - 15:(2004), pp. 323-346. [10.1023/B:OPEN.0000048522.97418.99]
Overall Specialization Empirics: Techniques and Applications
TAMBERI, Massimo;
2004-01-01
Abstract
It is customary in the empirical trade literature to analyze specialization patterns of countries using Revealed Comparative Advantage (RCA) measures. This paper explores the informational content of the most commonly used RCA index: the Balassa (1965) Index of RCA. After describing the properties of the Balassa Index, we propose a research strategy based on descriptive statistics, kernel density estimation, concentration and Markov stationarity methods in order to analyze the dynamics of overall specializationI documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
