EUROPEAN ECONOMIC INTEGRATION AND COMPARATIVE ADVANTAGES
基于1995-2011年投入产出表计算欧洲净产品可能性边界,检验比较优势理论预测是否成立,发现该时期比较优势未被充分利用,需协调政策改善资源配置。
Abstract On the basis of a set of Input‐Output tables we computed the European Net Product Possibility Frontier (NPPF) for the years from 1995 to 2011. During this period, several barriers to trade have been removed, allowing higher levels of trade and regional integration. Subsequently, we propose a method to check whether the prediction to be derived from Comparative Advantages (CAs) theory, namely, a specialization pattern that allows to reach the NPPF, is verified. The results suggest that CAs were not exploited well during the period considered and no positive trend emerged. The implication of our results is that there is ample scope for a coordinated policy aimed at improving allocation of resources. Further research on this topic seems to be necessary.