This paper explores
competitive advantage of Yemeni
export
in the market of the USA. Yemen has been
placed under a special situation since the “Arab Spring” in 2011; therefore,
our analyses study the eleven years prior to the war, between 2000 and 2011,
and employ 2-digit SITCs
to identify the various products for the
selected study period. Balassa’s index has been utilized to measure revealed
competitive advantage (RCA). This approach is universally popular and is widely
reported in literature; however, we are cognizant to the fact that this index
may not be empirically relevant. Despite this drawback, Balassa’s index has a
feature for gross sectoral competiveness of the examined country or a group of
countries. According to our empirical analyses using Balassa’s index, we
identified Yemen to have competitive advantages at the global level during
international trade in the selected study period. The competitive advantage was restricted to a few groups of energy and
non-energy commodities.
Cite this paper
Obadi, S. M. (2017). Competitive Advantage of Yemeni Export in the US Market. Open Access Library Journal, 4, e3852. doi: http://dx.doi.org/10.4236/oalib.1103852.
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