Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308049 
Year of Publication: 
2024
Series/Report no.: 
IWH Discussion Papers No. 26/2024
Publisher: 
Halle Institute for Economic Research (IWH), Halle (Saale)
Abstract: 
Based on the sufficient statistics approach developed by Huang and Ottaviano (2024), we show how the state of technology of European industries relative to the rest of the world can be empirically assessed in a way that is simple in terms of computation, parsimonious in terms of data requirements, but still comprehensive in terms of information. The lack of systematic cross-industry correlation between export specialization and technological advantage suggests that standard measures of revealed comparative advantage only imperfectly capture a country's technological prowess due to the concurrent influences of factor prices, market size, markups, firm selection and market share reallocation.
Subjects: 
comparative advantage
European cross-country data
firm heterogeneity
international trade
monopolistic competition
multi-product firms
productivity
JEL: 
B17
C19
C51
C80
D21
D43
F02
F12
F14
F61
L13
L25
O49
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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