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The dynamics of international specialisation

By Stephen Redding

Abstract

The theoretical literature on trade and growth suggests that comparative advantage is endogenous and evolves over time. However, most empirical analysis of international trade flows is essentially static in nature. This paper proposes an empirical model of the dynamics of international specialisation. Employing disaggregated data on twenty industries in seven OECD countries, we examine the evolution of patterns of international specialisation over time and evaluate the role of changes in factor endowments in explaining observed dynamics

Topics: HB Economic Theory, HD Industries. Land use. Labor
Publisher: Centre for Economic Performance, London School of Economics and Political Science
Year: 2000
OAI identifier: oai:eprints.lse.ac.uk:3721
Provided by: LSE Research Online
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