Title: Technology and the Direction of Trade: Evidence from Comparative Advantage in Intra-European Exports
Authors: Van Hove, Jan
Issue Date: 2007
Conference: INFER Workshop on Integration and Globalization: Challenges for Developed and Developing Countries location:University of Coimbra date:29-30 June 2007
Abstract: Technological innovation affects the value and direction of trade. Revealed comparative advantage should therefore not be studied in a multilateral approach, but rather bilaterally. This paper first calculates the patterns of bilateral comparative advantage for a group of 11 European countries. Secondly it looks into the determinants of these patterns, taking into account country-specific and sector-specific effects. Our findings show that technological innovation, and in particular R&D expenditures have a large, positive impact on a nation’s comparative advantage in a bilateral context.
Publication status: accepted
KU Leuven publication type: IMa
Appears in Collections:Department of Economics, Leuven - miscellaneous
Research Center of International Economics, Leuven
Research Centre for Globalization, Innovation and Competition, Campus Brussels (-)
Faculty of Economics and Business (FEB) - miscellaneous
Department of ECON-CEDON, Campus Brussels

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