Specialization and Adjustment during the Growth of China and India : The Latin American Experience
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 economies. The authors construct Vollrath's measure of revealed comparative advantage by...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/08/8091802/specialization-adjustment-during-growth-china-india-latin-american-experience http://hdl.handle.net/10986/7262 |
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okr-10986-72622021-04-23T14:02:34Z Specialization and Adjustment during the Growth of China and India : The Latin American Experience Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana ADJUSTMENT ASSISTANCE ADVERSE EFFECT AGRICULTURE APPAREL APPAREL MANUFACTURE BARRIERS TO TRADE BENCHMARKS BILATERAL TRADE CENTRAL AMERICA CENTRAL AMERICAN COMPARATIVE ADVANTAGE COMPARATIVE DISADVANTAGE COMPETITIVENESS CONSUMERS DEVELOPING COUNTRIES ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES EQUIPMENT EXPORT MARKETS EXPORT PROSPECTS EXPORT SHARES EXPORT SUPPLY EXPORTERS EXPORTS FACTOR ENDOWMENTS FACTORS OF PRODUCTION FISHERIES FOOD PRODUCTION FOREIGN TRADE GAS GDP GLOBAL INTEGRATION GLOBAL SHOCKS GROSS DOMESTIC PRODUCT IMPORTS INDUSTRY TRADE INEQUALITY INTERMEDIATE GOODS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE IRON LATIN AMERICAN LIVESTOCK MARKET SHARE METAL PRODUCTS NATURAL RESOURCES NATURAL_ RESOURCES NET EXPORTS PATTERNS OF TRADE PETROLEUM REFINERIES PRODUCT MARKETS PROTECTIONIST SCIENTIFIC KNOWLEDGE SCIENTIFIC_ KNOWLEDGE SPECIALIZATION STRUCTURAL CHANGE TERMS OF TRADE TEXTILES TOTAL FACTOR PRODUCTIVITY TRADE DATA TRADE INTENSITY TRADE PATTERN TRADE PATTERNS TRADE STRUCTURE TRADE VALUE TRADE VALUES UNSKILLED LABOR UNSKILLED WORKERS VALUE _ ADDED VALUE ADDED WAGES WOOD WORLD MARKETS WORLD TRADE 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 economies. The authors construct Vollrath's measure of revealed comparative advantage by 3-digit ISIC sector, country, and year. This measure accounts for both imports and exports. The empirical analyses explore the correlation between the revealed comparative advantage of Latin America and the two Asian economies. Econometric estimates suggest that the specialization pattern of Latin A-with the exception of Mexico-has been moving in opposite direction of 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. 2012-06-06T16:04:09Z 2012-06-06T16:04:09Z 2007-08 http://documents.worldbank.org/curated/en/2007/08/8091802/specialization-adjustment-during-growth-china-india-latin-american-experience http://hdl.handle.net/10986/7262 English Policy Research Working Paper; No. 4318 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean South Asia East Asia and Pacific China India |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADJUSTMENT ASSISTANCE ADVERSE EFFECT AGRICULTURE APPAREL APPAREL MANUFACTURE BARRIERS TO TRADE BENCHMARKS BILATERAL TRADE CENTRAL AMERICA CENTRAL AMERICAN COMPARATIVE ADVANTAGE COMPARATIVE DISADVANTAGE COMPETITIVENESS CONSUMERS DEVELOPING COUNTRIES ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES EQUIPMENT EXPORT MARKETS EXPORT PROSPECTS EXPORT SHARES EXPORT SUPPLY EXPORTERS EXPORTS FACTOR ENDOWMENTS FACTORS OF PRODUCTION FISHERIES FOOD PRODUCTION FOREIGN TRADE GAS GDP GLOBAL INTEGRATION GLOBAL SHOCKS GROSS DOMESTIC PRODUCT IMPORTS INDUSTRY TRADE INEQUALITY INTERMEDIATE GOODS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE IRON LATIN AMERICAN LIVESTOCK MARKET SHARE METAL PRODUCTS NATURAL RESOURCES NATURAL_ RESOURCES NET EXPORTS PATTERNS OF TRADE PETROLEUM REFINERIES PRODUCT MARKETS PROTECTIONIST SCIENTIFIC KNOWLEDGE SCIENTIFIC_ KNOWLEDGE SPECIALIZATION STRUCTURAL CHANGE TERMS OF TRADE TEXTILES TOTAL FACTOR PRODUCTIVITY TRADE DATA TRADE INTENSITY TRADE PATTERN TRADE PATTERNS TRADE STRUCTURE TRADE VALUE TRADE VALUES UNSKILLED LABOR UNSKILLED WORKERS VALUE _ ADDED VALUE ADDED WAGES WOOD WORLD MARKETS WORLD TRADE |
| spellingShingle |
ADJUSTMENT ASSISTANCE ADVERSE EFFECT AGRICULTURE APPAREL APPAREL MANUFACTURE BARRIERS TO TRADE BENCHMARKS BILATERAL TRADE CENTRAL AMERICA CENTRAL AMERICAN COMPARATIVE ADVANTAGE COMPARATIVE DISADVANTAGE COMPETITIVENESS CONSUMERS DEVELOPING COUNTRIES ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES EQUIPMENT EXPORT MARKETS EXPORT PROSPECTS EXPORT SHARES EXPORT SUPPLY EXPORTERS EXPORTS FACTOR ENDOWMENTS FACTORS OF PRODUCTION FISHERIES FOOD PRODUCTION FOREIGN TRADE GAS GDP GLOBAL INTEGRATION GLOBAL SHOCKS GROSS DOMESTIC PRODUCT IMPORTS INDUSTRY TRADE INEQUALITY INTERMEDIATE GOODS INTERNATIONAL ECONOMICS INTERNATIONAL TRADE IRON LATIN AMERICAN LIVESTOCK MARKET SHARE METAL PRODUCTS NATURAL RESOURCES NATURAL_ RESOURCES NET EXPORTS PATTERNS OF TRADE PETROLEUM REFINERIES PRODUCT MARKETS PROTECTIONIST SCIENTIFIC KNOWLEDGE SCIENTIFIC_ KNOWLEDGE SPECIALIZATION STRUCTURAL CHANGE TERMS OF TRADE TEXTILES TOTAL FACTOR PRODUCTIVITY TRADE DATA TRADE INTENSITY TRADE PATTERN TRADE PATTERNS TRADE STRUCTURE TRADE VALUE TRADE VALUES UNSKILLED LABOR UNSKILLED WORKERS VALUE _ ADDED VALUE ADDED WAGES WOOD WORLD MARKETS WORLD TRADE Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana Specialization and Adjustment during the Growth of China and India : The Latin American Experience |
| geographic_facet |
Latin America & Caribbean South Asia East Asia and Pacific China India |
| relation |
Policy Research Working Paper; No. 4318 |
| 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
economies. The authors construct Vollrath's measure of
revealed comparative advantage by 3-digit ISIC sector,
country, and year. This measure accounts for both imports
and exports. The empirical analyses explore the correlation
between the revealed comparative advantage of Latin America
and the two Asian economies. Econometric estimates suggest
that the specialization pattern of Latin A-with the
exception of Mexico-has been moving in opposite direction of
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 |
Publications & Research :: Policy Research Working Paper |
| author |
Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana |
| author_facet |
Lederman, Daniel Olarreaga, Marcelo Rubiano, Eliana |
| author_sort |
Lederman, Daniel |
| title |
Specialization and Adjustment during the Growth of China and India : The Latin American Experience |
| title_short |
Specialization and Adjustment during the Growth of China and India : The Latin American Experience |
| title_full |
Specialization and Adjustment during the Growth of China and India : The Latin American Experience |
| title_fullStr |
Specialization and Adjustment during the Growth of China and India : The Latin American Experience |
| title_full_unstemmed |
Specialization and Adjustment during the Growth of China and India : The Latin American Experience |
| title_sort |
specialization and adjustment during the growth of china and india : the latin american experience |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2007/08/8091802/specialization-adjustment-during-growth-china-india-latin-american-experience http://hdl.handle.net/10986/7262 |
| _version_ |
1764402218512941056 |