Trade Specialization in Latin America: The Impact of China and India

This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American (LA) economies. We construct a measure of Revealed Comparative Advantage (RCA) by 3-digit ISIC sector, country, and year. This RCA accounts for b...

Full description

Bibliographic Details
Main Authors:	Lederman, Daniel, Olarreaga, Marcelo, Rubiano, Eliana
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Trade: General F100 Country and Industry Studies of Trade F140
Online Access:	http://hdl.handle.net/10986/4672

id	okr-10986-4672
recordtype	oai_dc
spelling	okr-10986-46722021-04-23T14:02:19Z Trade Specialization in Latin America: The Impact of China and India Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana Trade: General F100 Country and Industry Studies of Trade F140 This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American (LA) economies. We construct a measure of Revealed Comparative Advantage (RCA) by 3-digit ISIC sector, country, and year. This RCA accounts for both imports and exports. The empirical analyses explore the correlation between the RCAs of LA and the two Asian economies. Econometric estimates suggest that the specialization pattern of LA--with the exception of Mexico--has been moving in opposite direction to the trade specialization pattern of China and India. Labor-intensive sectors (both unskilled and skilled) probably have been negatively affected by the growing presence of China and India in world markets, while natural resource and scientific knowledge intensive sectors have probably benefited from China and India's growth since 1990. 2012-03-30T07:29:10Z 2012-03-30T07:29:10Z 2008 Journal Article Review of World Economics/Weltwirtschaftliches Archiv 16102878 http://hdl.handle.net/10986/4672 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Latin America India China Mexico
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Trade: General F100 Country and Industry Studies of Trade F140
spellingShingle	Trade: General F100 Country and Industry Studies of Trade F140 Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana Trade Specialization in Latin America: The Impact of China and India
geographic_facet	Latin America India China Mexico
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	This paper examines the extent to which the growth of China and India in world markets is affecting the patterns of trade specialization in Latin American (LA) economies. We construct a measure of Revealed Comparative Advantage (RCA) by 3-digit ISIC sector, country, and year. This RCA accounts for both imports and exports. The empirical analyses explore the correlation between the RCAs of LA and the two Asian economies. Econometric estimates suggest that the specialization pattern of LA--with the exception of Mexico--has been moving in opposite direction to the trade specialization pattern of China and India. Labor-intensive sectors (both unskilled and skilled) probably have been negatively affected by the growing presence of China and India in world markets, while natural resource and scientific knowledge intensive sectors have probably benefited from China and India's growth since 1990.
format	Journal Article
author	Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana
author_facet	Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana
author_sort	Lederman, Daniel
title	Trade Specialization in Latin America: The Impact of China and India
title_short	Trade Specialization in Latin America: The Impact of China and India
title_full	Trade Specialization in Latin America: The Impact of China and India
title_fullStr	Trade Specialization in Latin America: The Impact of China and India
title_full_unstemmed	Trade Specialization in Latin America: The Impact of China and India
title_sort	trade specialization in latin america: the impact of china and india
publishDate	2012
url	http://hdl.handle.net/10986/4672
_version_	1764392340454113280

Trade Specialization in Latin America: The Impact of China and India

Similar Items