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{"ops":[{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"Read the paper: De Benedictis, L. (2005). Three decades of Italian comparative advantages, World Economy, pp.1679-1709 (material for lesson 6 in CD)."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"Find exports data for two countries and the world in 10 sectors of your choice (be careful at the unit of measure, which has to be homogeneous)."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"Calculate the Balassa index (idem, page 1685 eq.1-3) for each economy\/sector (you will have 10 values for each economy)"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"DATA search suggestions for sectoral data: "},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"UN Comtrade database: https:\/\/comtrade.un.org\/data\/ "},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"UNCTADStat: https:\/\/unctadstat.unctad.org\/wds\/ReportFolders\/reportFolders.aspx?sCS_ChosenLang=en"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"Plot the Balassa index for Economy 1 (on the x-axis) and 2 (on the y-axis) to get a scatterplot graph. Highlight threshold x=1 (vertical line) and y=1 (horizontal line)."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"Briefly comment upon your graph on the basis of your results."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"}]}
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