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| Ufuk Gunes Bebek |
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| ''Monotonicity of additive indices of revealed comparative advantage'' |
| ( 2011, Vol. 31 No.2 ) |
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| This note extends Hillman's analysis of the appropriateness of the Balassa Index to the recently proposed additive measures of revealed comparative advantage (RCA). While previous studies suggest that Hillman's monotonicity condition is not restrictive, monotonicity conditions for the additive indices are overly restrictive, as they will fail to hold unless the indices reveal a comparative advantage. |
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| Keywords: Revealed comparative advantage, monotonicity |
JEL: F1 - Trade: General
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| Manuscript Received : Dec 02 2010 | | Manuscript Accepted : Jun 25 2011 |
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