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The trade competitiveness of southern emerging economies: a multidimensional approach through cluster analysis
journal contribution
posted on 2023-06-09, 05:28 authored by Pierluigi Montalbano, Silvia NenciThis paper investigates the trade competitiveness of the new emerging Southern economies – China, India, Brazil and South Africa (CIBS) – with respect to their main global partners. Starting from the commonly held view that countries with trade patterns similar to those of emerging countries are likely to suffer losses, we propose a multidimensional approach based on cluster analysis, both crisp and fuzzy, as an alternative strategy for assessing similarity in global trade patterns. On the basis of key trade characteristics drawn from the diverse strands of trade theory, we assess the relative position of CIBS within global trade patterns and their evolution over time. Unlike previous studies, our results do not support the hypothesis of the presence of a competitiveness threat from Southern emerging countries towards the main industrialised economies.
History
Publication status
- Published
Journal
World EconomyISSN
0378-5920Publisher
WileyExternal DOI
Issue
6Volume
37Page range
783-810Department affiliated with
- Economics Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2017-03-15Usage metrics
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