The Comparative Advantages in the Services Sector of Developing Economies

Cunha Nuno () and Rosa Forte
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Cunha Nuno: Faculty of Economics, University of Porto, Porto, Portugal

Global Economy Journal, 2017, vol. 17, issue 4, 24

Abstract: International trade of goods and services plays an important role in the growth of economies. To make this growth sustainable in the long run, it is important to understand in what goods or services countries have comparative advantage (CA). The present work focuses on the ten biggest developing economies, revealing their CA in the services sector. The main results reveal that India has a CA in computer and information services, Macao, Thailand and Turkey in travel services, China, Hong Kong, India and Taiwan in other business services, Korea in construction and transport services, and Singapore in financial and transport services.

Keywords: exports; trade; comparative advantage; developing countries; services (search for similar items in EconPapers)
JEL-codes: F11 F14 (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1515/gej-2017-0063

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