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dc.contributor.authorNowak-Lehmann D., Felicitasen_US
dc.contributor.authorVollmer, Sebastianen_US
dc.contributor.authorMartínez-Zarzoso, Inmaculadaen_US
dc.date.accessioned2008-12-17en_US
dc.date.accessioned2010-05-14T11:54:43Z-
dc.date.available2010-05-14T11:54:43Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/31994-
dc.description.abstractLatin American countries have lost competitiveness in world markets in comparison to China over the last two decades. The main purpose of this study is to examine the causes of this development. To this end an augmented Dornbusch-type Ricardian” model is estimated using panel data. The explanatory variables considered are productivity, unit labor costs, unit values, trade costs, price levels, and real exchange rates; all variables are evaluated in relative terms. Due to data restrictions, China's relative exports (to the US, Argentina, Japan, Korea, the UK, Germany, and Spain) will be compared to Mexico's exports for a number of sectors over a limited period of eleven years. Panel and pooled estimation techniques (SUR estimation, panel Feasible Generalized Least Squares (panel/pooled FGLS)) will be utilized to better control for country-specific effects and correlation over time. A simulation underlines the positive impact of relative real exchange rate advantages on relative exports for the textile sector. Standardized ß-coefficients identify relative real exchange rates, relative cost levels, and relative unit values as the drivers of competitive advantage in the textile sector.en_US
dc.language.isoengen_US
dc.publisherCenter for European, Governance and Economic Development Research Göttingenen_US
dc.relation.ispartofseriesCeGE Discussion Paper 74en_US
dc.subject.jelC23en_US
dc.subject.jelF11en_US
dc.subject.jelF14en_US
dc.subject.ddc330en_US
dc.subject.keywordRicardian model of tradeen_US
dc.subject.keywordpanel data modelsen_US
dc.subject.keywordpanel Feasible Generalized Least Squaresen_US
dc.subject.keywordSeemingly Unrelated (SUR) estimationen_US
dc.subject.stwKomparativer Kostenvorteilen_US
dc.subject.stwInternationaler Wettbewerben_US
dc.subject.stwStandortwettbewerben_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwMethode der kleinsten Quadrateen_US
dc.subject.stwChinaen_US
dc.subject.stwMexikoen_US
dc.titleDoes comparative advantage make countries competitive? A comparison of China and Mexicoen_US
dc.typeWorking Paperen_US
dc.identifier.ppn573287597en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:cegedp:74-
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