Reassessing EU comparative advantage : the role of technology

Filippo di Mauro, Marco Matani, Gianmarco Ottaviano

Based on the sufficient statistics approach developed by Huang and Ottaviano (2024), we show how the state of technology of European industries relative to the rest of the world can be empirically assessed in a way that is simple in terms of computation, parsimonious in terms of data requirements, but still comprehensive in terms of information. The lack of systematic cross-industry correlation between export specialization and technological advantage suggests that standard measures of revealed comparative advantage only imperfectly capture a country’s technological prowess due to the concurrent influences of factor prices, market size, markups, firm selection and market share reallocation.

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Year of publication:	16. Dezember 2024
Authors:	Di Mauro, Filippo ; Matani, Marco ; Ottaviano, Gianmarco I. P.
Institutions:	Leibniz-Institut für Wirtschaftsforschung Halle (issuing body)
Publisher:	Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association
Subject:	comparative advantage \| European cross-country data \| firm heterogeneity \| international trade \| monopolistic competition \| multi-product firms \| productivity \| Komparativer Vorteil \| Comparative advantage \| Produktivität \| Productivity \| Monopolistischer Wettbewerb \| Monopolistic competition \| Produktdifferenzierung \| Product differentiation \| Internationaler Wettbewerb \| International competition \| Mehrproduktfertigung \| Multiproduct production \| Schätzung \| Estimation \| Export \| Industrie \| Manufacturing industries \| Außenwirtschaftstheorie \| International economics

Extent:	1 Online-Ressource (III, 22 Seiten, 2,09 MB) Diagramme
Series:	IWH-Diskussionspapiere. - Halle, S. : IWH, ISSN 2194-2188, ZDB-ID 2836591-4. - Vol. 2024, no. 26
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	10.18717/dpqqar-qx96 [DOI] hdl:10419/308049 [Handle]
Classification:	b17 ; C19 - Econometric and Statistical Methods: General. Other ; C51 - Model Construction and Estimation ; C80 - Data Collection and Data Estimation Methodology; Computer Programs. General ; D21 - Firm Behavior ; D43 - Oligopoly and Other Forms of Market Imperfection ; F02 - International Economic Order; Economic Integration and Globalization: General ; F12 - Models of Trade with Imperfect Competition and Scale Economies ; F14 - Country and Industry Studies of Trade ; f61 ; L13 - Oligopoly and Other Imperfect Markets ; L25 - Firm Size and Performance ; O49 - Economic Growth and Aggregate Productivity. Other
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015168456