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Revealed comparative advantage and the alternatives as measures of international specialization [PDF]

open access: yesEurasian Business Review, 2015
This paper provides an analysis of Balassa's 'revealed comparative advantage' (RCA). It shows that when using RCA, it should be adjusted such that it becomes symmetric around its neutral value. The proposed adjusted index is called 'revealed symmetric comparative advantage' (RSCA).
Keld Laursen
exaly   +3 more sources

Revealed Comparative Advantage

1993
Most models of international trade explain the commodity composition and direction of trade in terms of the law of comparative advantage: countries tend to export those goods which have the lowest relative costs (and therefore prices) under autarky.
David Greenaway, Chris Milner
openaire   +1 more source

Revealed comparative advantage for US textiles and apparel

Competitiveness Review, 2019
PurposeThe purpose of this study is to identify US textile and apparel (TAP) products and categories that demonstrate export comparative advantage and their respective country destinations.Design/methodology/approachRevealed comparative advantage (RCA) and normalized revealed comparative advantage (NRCA) in the long term (1996-2016) and short term ...
Ivan Kandilov   +2 more
exaly   +2 more sources

The normalized revealed comparative advantage index

The Annals of Regional Science, 2008
In this paper, we propose the normalized revealed comparative advantage (NRCA) index as an alternative measure of comparative advantage. The NRCA index is demonstrated capable of revealing the extent of comparative advantage that a country has in a commodity more precisely and consistently than other alternative RCA indices in the literature.
Run Yu, Junning Cai, PingSun Leung
openaire   +1 more source

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