Education and the Evolution of Comparative Advantage

Felipe, Jesús; Jin, Hongyuan; Mehta, Aashish

doi:10.22617/wps210096-2

Cited by 4 publications

(3 citation statements)

References 25 publications

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“…In a study of low-and middle-income countries, Felipe et al (2021) found that those countries that had high education levels were more successful in developing comparative advantage in the products that are unrelated to those they already exported. This indicated the key role that education provides in shifting between products produced and facing the challenges that come with the change.…”

Section: 5mentioning

confidence: 99%

Examining the Patterns and Dynamics of Intra-Regional Trade and Revealed Comparative Advantage in the East African Community

Mkenda

2022

Afr. Rev.

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This paper investigates intra-regional trade changes in the East African Community since its revival, as well as their revealed comparative advantage and evolution between 2001 and 2020. While most studies have examined the comparative advantage of individual EAC countries, they have not addressed how the revival of the Community impacted comparative advantage and intra-regional trade over time. As its analytical approach, the study calculates trade intensity indicators, revealed comparative advantage indices, and evaluates product categories that have lost, retained, or gained comparative advantage. The following conclusions are drawn from the study’s findings: first, the revival of the Community increased intra-regional trade at first, but it soon dwindled due to non-tariff barriers. Second, product groups exported in raw form retained their comparative advantage, with Uganda having the most such product groups. Third, comparative advantage evolved, with Kenya having the greatest number of product groups gaining comparative advantage. Three policy implications emerge: first, restoring intra-regional trade to immediate post-Community levels requires significant reductions in trade barriers. Second, increasing export revenues necessitates the addition of value to agricultural products. Third, due to the dynamic nature of comparative advantage, countries must tailor policy support to product groups that lose comparative advantage.

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Section: 5mentioning

confidence: 99%

Examining the Patterns and Dynamics of Intra-Regional Trade and Revealed Comparative Advantage in the East African Community

Mkenda

2022

Afr. Rev.

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“…Education enables countries to improve comparative advantage in new product categories. In fact, quality primary education has a strong correlation with countries' development of their comparative advantage in related products that they are already producing (Felipe et al 2021). It is also a core determinant for countries following an FDI-led growth strategy (Brooks et al 2010).…”

Section: Literature Reviewmentioning

confidence: 99%

ASEAN Education Cooperation: An Assessment of Education Divide and Measuring the Potential Impact of Its Elimination

Das¹,

Narayanan²

2022

JSAE

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Asian Development Bank (ADB). Badri Narayanan is a senior economist at the School of Environmental and Forestry Sciences of the University of Washington in Seattle, and a senior fellow at the European Centre for International Political Economy.The views expressed in this paper are the views of the author and do not necessarily reflect the views or policies of ADBI, ADB, its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.Working papers are subject to formal revision and correction before they are finalized and considered published.We thank Srujanee Mishra from Infinite Sum Modelling LLC, Seattle, for her research assistance. The paper was first presented at the ADBI-ADB-ISEAS Conference on Improving the Quality of Basic Education in Southeast Asia, 15-17 September 2021, and later during an ADB Economic Research and Regional Cooperation Department webinar on 1 October 2021. We are grateful to all of the participants for their comments and feedback during these events.

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“…Comparative advantage, driven by technology or factor analysis, is at the core of the neoclassical trade theory (Costinot, 2009). Countries with high education levels were more successful in developing a comparative advantage in products unrelated to those they had already exported (Felipe et al ., 2021). This theory is also applicable to the analysis of educational cooperation between cities.…”

Section: Introductionmentioning

confidence: 99%

The role of Macao's universities in the education and training development of Hengqin

Wang

Johnny

Jiagui

et al. 2022

AEDS

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PurposeThis study intends to explore the opportunities and roles of Macao's universities in the education and training development of Hengqin under the General Plan of the Development of the Guangdong–Macao In-Depth Cooperation Zone in Hengqin promulgated in August 2021.Design/methodology/approachThis study is intended to analyze the role of Macao’ universities in Hengqin development, based on data collected through interviewing with dozens of scholars and government officials from Macao and Hengqin, and government reports, news reports and other relevant data.FindingsThe General Plan provides Macao's universities with opportunities to develop education and training in Hengqin. On the one hand, Hengqin can be the locus of Macao's tertiary education diversification; Macao's universities can jointly establish technological research institutions and set up postdoctoral research centers and university branches to enroll master's and doctoral students from Mainland China. On the other hand, Macao's universities can set up a branch of professional training and open training courses in Hengqin. These efforts are designed to promote technological innovation and cultural diffusion in Macao.Originality/valueThis study analyses the potential role of Macao's universities in developing education and training in Hengqin since the central policy was announced last August. This study will be of interest to scholars as well as policymakers.

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Education and the Evolution of Comparative Advantage

Cited by 4 publications

References 25 publications

Examining the Patterns and Dynamics of Intra-Regional Trade and Revealed Comparative Advantage in the East African Community

Examining the Patterns and Dynamics of Intra-Regional Trade and Revealed Comparative Advantage in the East African Community

ASEAN Education Cooperation: An Assessment of Education Divide and Measuring the Potential Impact of Its Elimination

The role of Macao's universities in the education and training development of Hengqin

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