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  • The article sheds some light on the structural changes that have taken place in the five emerging markets forming the BRICS grouping during the last two decades. Author also tends to discuss the consequences of these changes for the grouping as a whole and for its individual members. The particular comparative advantages or disadvantages of the five economies are identified using revealed symmetric comparative advantage index. The long-run shifts in the comparative advantages and disadvantages are further analysed across the BRICS countries. The results show a continuous shift from primary manufacturing and from production of merchandise with low added value, to more sophisticated goods. The whole group of BRICS is gaining new competitive advantages mainly in the sector of machinery and transport equipment, but also in some others. The position of individual countries has been transforming significantly as well. Especially India has shown a rather profound restructuring of its sector export orientation over the last 19 years. China as a competitive superpower is gaining and consolidating the comparative advantages mainly in the chemical industry (together with Russia), manufacturing, consumer goods, and of course machinery and transport equipment (together with India and Brazil).
  • The article sheds some light on the structural changes that have taken place in the five emerging markets forming the BRICS grouping during the last two decades. Author also tends to discuss the consequences of these changes for the grouping as a whole and for its individual members. The particular comparative advantages or disadvantages of the five economies are identified using revealed symmetric comparative advantage index. The long-run shifts in the comparative advantages and disadvantages are further analysed across the BRICS countries. The results show a continuous shift from primary manufacturing and from production of merchandise with low added value, to more sophisticated goods. The whole group of BRICS is gaining new competitive advantages mainly in the sector of machinery and transport equipment, but also in some others. The position of individual countries has been transforming significantly as well. Especially India has shown a rather profound restructuring of its sector export orientation over the last 19 years. China as a competitive superpower is gaining and consolidating the comparative advantages mainly in the chemical industry (together with Russia), manufacturing, consumer goods, and of course machinery and transport equipment (together with India and Brazil). (en)
Title
  • Structural Changes in Comparative Advantages of the Brics
  • Structural Changes in Comparative Advantages of the Brics (en)
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  • Structural Changes in Comparative Advantages of the Brics
  • Structural Changes in Comparative Advantages of the Brics (en)
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  • RIV/46747885:24310/14:00000003!RIV15-MSM-24310___
http://linked.open...avai/riv/aktivita
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  • I
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  • 47842
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  • RIV/46747885:24310/14:00000003
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  • BRICS countries; comparative advantage; international trade; structural analysis (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [79651718AC29]
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  • Kuala Lumpur, Malaysia
http://linked.open...i/riv/mistoVydani
  • Kuala Lumpur
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  • Proceedings of Global Conference on Business and Social Science
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  • Kocourek, Aleš
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http://linked.open.../riv/zahajeniAkce
number of pages
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  • Global Academy of Training & Research Enterprise
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  • 978-968-7985-01-5
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  • 24310
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