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Specialization across varieties and North-South competition
- Source :
- Economic Policy 53 January 2008
- Publication Year :
- 2007
- Publisher :
- Oxford University Press (OUP), 2007.
-
Abstract
- Analyzing a new database that makes it possible to disaggregate trade flows across many countries according to unit values, we show that international specialization in terms of quality within industries and product categories plays an important role in the dynamics of North–South competition. The different specialization of countries at different levels of development within products and across varieties is mirrored in the recent shifts in world market shares, which are very different across quality segments: the South is not gaining market share in high-value portions of trade pattern. In this respect Europe's specialization pattern appears to be different from that of the US and Japan, and may allow it to better resist the competitive pressure of the South. — Lionel Fontagne, Guillaume Gaulier and Soledad Zignago
- Subjects :
- Economics and Econometrics
050208 finance
business.industry
media_common.quotation_subject
05 social sciences
Competitive pressure
Trade pattern
International trade
Management, Monitoring, Policy and Law
Unit (housing)
Competition (economics)
0502 economics and business
8. Economic growth
Specialization (functional)
Economics
Quality (business)
Economic geography
050207 economics
Market share
business
Comparative advantage
media_common
Subjects
Details
- ISSN :
- 14680327 and 02664658
- Volume :
- 23
- Database :
- OpenAIRE
- Journal :
- Economic Policy
- Accession number :
- edsair.doi...........8c6bd9c2080520011004e54c08ea5ac4