Search Results

No results found.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Ricardian models of trade 

Working Paper
The Evolution of Comparative Advantage: Measurement and Implications

We estimate productivities at the sector level for 72 countries and 5 decades, and examine how they evolve over time in both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew systematically faster in sectors that were initially at greater comparative disadvantage. These changes have had a significant impact on trade volumes and patterns, and a non-negligible welfare impact. In the counterfactual scenario in which each country's comparative advantage remained the same as in the 1960s, and technology in all sectors grew at the ...
Working Paper Series , Paper WP-2014-12

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

F11 1 items

F43 1 items

O33 1 items

O47 1 items

FILTER BY Keywords

PREVIOUS / NEXT