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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Format: | Article |
Language: | English |
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Associazione Economia civile
2013-10-01
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Series: | PSL Quarterly Review |
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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 |
collection | DOAJ |
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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first_indexed | 2024-04-10T17:30:58Z |
format | Article |
id | doaj.art-0bc83a72fbe44cc99fd500247d5f6e1d |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:30:58Z |
publishDate | 2013-10-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
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 |
work_keys_str_mv | AT cwhultman anoteontheshiftingcomparativeadvantageintradeinfinancialservices AT cwhultman noteontheshiftingcomparativeadvantageintradeinfinancialservices |