• July 21st, 2015

What is Revealed Comparative Advantage (RCA)? What does RCA actually ‘reveal’ about Comparative Advantage?

Paper, Order, or Assignment Requirements

 

Assignment 1 Question:
What is Revealed Comparative Advantage (RCA)? What does RCA actually ‘reveal’ about Comparative Advantage?
Your task is to write a paper addressing the above for any industry, country or countries, and for any time period of your choice.

The assignment must be clearly written; any diagrams, charts, tables etc must be clearly and correctly labelled, and explained in your text and any equations defined and explained. The quality of your argument, the clarity with which you explain and illustrate the relevant concepts and the way in which you relate theory to evidence is very important here.

Some links and references to help get you started
(This is not exhaustive, so please source information widely yourself).
http://artnet.unescap.org/artnet_app/Handbook2.pdf
http://wits.worldbank.org/wits/wits/witshelp/Content/Utilities/e1.trade_indicators.htm
http://www.adb.org/sites/default/files/publication/28526/wp52-ex-ante-economic-evaluation.pdf
Richardson, J.D. and C. Zhang (1999) “Revealing Comparative Advantage: chaotic or coherent
patterns across time and sector and US trading partner?”, NBER working paper 7212.
Hinloopen, J. And C. Van Marrewijk (2001) “On the empirical distribution of the Balassa Index”,
Weltwirtschaftliches Archiv, pp. 1-35.
 

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