A note on the shifting comparative advantage in trade in financial services

An earlier study in this journal investigated comparative advantage for trade in financial services. The current paper extends that analysis over a time-series dataset in order to examine changing comparative advantage over the period 1974-1989. One suggested hypothesis is that the 1982 debt crisis...

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Main Author: C.W. HULTMAN
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10517
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author C.W. HULTMAN
author_facet C.W. HULTMAN
author_sort C.W. HULTMAN
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description An earlier study in this journal investigated comparative advantage for trade in financial services. The current paper extends that analysis over a time-series dataset in order to examine changing comparative advantage over the period 1974-1989. One suggested hypothesis is that the 1982 debt crisis would adversely affect the comparative positions of the major lending countries, the United States and the United Kingdom. The interpretation of results based on cross-border claims is, however, hampered by the growth of off-balance-sheet activities (OBSAs).   JEL: G15
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spelling doaj.art-0bc83a72fbe44cc99fd500247d5f6e1d2023-02-03T16:45:52ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-014417910.13133/2037-3643/10517A note on the shifting comparative advantage in trade in financial servicesC.W. HULTMANAn earlier study in this journal investigated comparative advantage for trade in financial services. The current paper extends that analysis over a time-series dataset in order to examine changing comparative advantage over the period 1974-1989. One suggested hypothesis is that the 1982 debt crisis would adversely affect the comparative positions of the major lending countries, the United States and the United Kingdom. The interpretation of results based on cross-border claims is, however, hampered by the growth of off-balance-sheet activities (OBSAs).   JEL: G15 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10517Comparative advantageFinancial services
spellingShingle C.W. HULTMAN
A note on the shifting comparative advantage in trade in financial services
PSL Quarterly Review
Comparative advantage
Financial services
title A note on the shifting comparative advantage in trade in financial services
title_full A note on the shifting comparative advantage in trade in financial services
title_fullStr A note on the shifting comparative advantage in trade in financial services
title_full_unstemmed A note on the shifting comparative advantage in trade in financial services
title_short A note on the shifting comparative advantage in trade in financial services
title_sort note on the shifting comparative advantage in trade in financial services
topic Comparative advantage
Financial services
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10517
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