Trade Patterns and Trade Clusters: China, India, Brazil and South Africa in the Global Trading System

31 Pages Posted: 2 Feb 2012

See all articles by Pierluigi Montalbano

Pierluigi Montalbano

Sapienza University of Rome (Italy); University of Sussex

Silvia Nenci

University of Rome III - Department of Economics

Date Written: February 2011

Abstract

The present paper analyzes the evolution of the specialization and trade patterns of China, India, Brazil and South Africa (CIBS) and other WTO countries. It aims to provide an answer to the following questions: is there a tendency to a multi-polarization of trade patterns? If so, is CIBS' rise leading to new clusters with or among CIBS or other emerging countries? Also, ultimately, does this multi-polarization have a regional element to it? The paper deals with the above questions by presenting: i) a world map of trade clusters involving WTO countries and CIBS; ii) a comparison of the above clusters and their key characteristics in the last decade; and iii) the key drivers of clusters' trends. The novelty of this study is twofold: first, it adopts a more comprehensive dataset for a wide range of countries and trade dimensions; second, it provides an evolutionary look at the clusters' trends. The empirical results do not show neither a remarkable phenomenon of multi-polarization, nor evidence of CIBS as a significant separate group and/or regional agglomeration.

Keywords: CIBS, trade patterns, trade specialization, cluster analysis, multinomial logit model

JEL Classification: F10, F14, F15, C38

Suggested Citation

Montalbano, Pierluigi and Nenci, Silvia, Trade Patterns and Trade Clusters: China, India, Brazil and South Africa in the Global Trading System (February 2011). Available at SSRN: https://ssrn.com/abstract=1996821 or http://dx.doi.org/10.2139/ssrn.1996821

Pierluigi Montalbano

Sapienza University of Rome (Italy) ( email )

Piazzale Aldo Moro 5
Roma, Rome 00185
Italy

HOME PAGE: http://www.uniroma1.it

University of Sussex

Falmer
Brighton, Sussex BNI 9RH
United Kingdom

HOME PAGE: http://www.sussex.ac.uk/

Silvia Nenci (Contact Author)

University of Rome III - Department of Economics ( email )

via Ostiense, 139
Rome, 00154
Italy

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