The granular and fundamental components of export specialization
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Fecha
2017
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Editor
Universidad Pablo de Olavide
Resumen
We propose an easy-to-implement methodology to determine the contribution of fundamental comparative advantage (a country-specific component) and granular comparative advantage (a firm-specific component) to export specialization. We apply this methodology to analyze export specialization across countries and across regions within a country. In the country-level analysis, we find that, on average, granular comparative advantage leads to export specialization in 29% of industries, which account for 47% of total exports. We also show that 60% of the variation in export specialization across countries is explained by granular comparative advantage. The contribution of granularity to export specialization is more important across regions within a country than across countries.
Palabras clave
Exports
Fundamental comparative advantage
Granular comparative advantage
European Union
Spain
Regions
Export superstars
Firm-level data
Fundamental comparative advantage
Granular comparative advantage
European Union
Spain
Regions
Export superstars
Firm-level data
Descripción
Ponencia presentada en la XLIII Reunión de Estudios Regionales, celebrada entre el 15 y el 17 de noviembre de 2017 en la Universidad Pablo de Olavide de Sevilla.
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Cita
Lucio Fernández, J. J. d., Minondo, A., Requena Silvente, F., & Mínguez Fuentes, R. (2017). The granular and fundamental components of export specialization. Comercio Internacional: una perpectiva regional.