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Revealed Comparative Advantage and Competitiveness of Ecuadorian Agricultural Sector

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Contents
Figures and Tables - 4
1. Introduction - 5
1.1 Research Question - 6
1.2 Aim of the study - 6
1.3 Methodology - 7
1.4 Distribution of Contents - 8
2. Agriculture in Ecuador - 10
2.1 Agriculture Development -10
2.2 Agriculture Development in the Ecuador - 11
2.3 Contribution of Agriculture in Ecuadorian Economy - 13
3. Theoretical Analysis of Revealed Comparative Advantage and Related Literature
Review -17
3.1 Revealed Comparative Advantage: Basic Concepts - 17
3.2 The Revealed Comparative Advantage - 18
3.2.1 Interpretation of RCA4 - 21
3.3 Related Literature Review - 24
4. Data and Empirical Findings- 27
4.1 Vollrath’s RCA (RCA 4)- 28
4.1.1 General Results - 28
4.1.2 Classification of Products - 29
4.1.3 Top Agricultural Products. - 30
4.1.4 Growth Tendency and Stability of Top Agricultural Products - 32
4.1.5 Stability of the RCA 4 Index - 33
4.2 Products with Revealed Comparative Advantage in all Indices - 35
4.3 Products with Revealed Comparative Disadvantage in all Indices - 35
5. Conclusions and Recommendations - 39
6. References - 42
7. Appendix - 44

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