How can comparative advantage inform future trade and investment interests across regions and sectors? What are the limits of comparative advantage here?

Background

The world’s production capability across different sectors may be best understood in terms of global supply chains, for example as R&D takes place in one country and manufacturing in another. Further evidence should inform classification of sectors, measurement of value-addition, and challenge assumptions in our understanding of supply chains.

Next steps

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Source

This question was published as part of the set of ARIs in this document:

DIT Areas of research interest 2020 to 2021 GOVUK

Related UKRI funded projects

  • ISCF Foundation Industries - baseline insights

    Foundation industries (pulp and paper, bulk chemicals, glass, ceramics, cement and metals) are seen as underpinning vital supply chains across UK industry. Interest in ensuring that the UK has sufficient domestic capacit...

    Funded by: UKRI

    Lead research organisation: University of Warwick

    Why might this be relevant?

    The project provides a comprehensive understanding of the innovation readiness of foundation industries and their evolution, which can inform future trade and investment interests across regions and sectors.

  • University of Ulster NISRA BDR Programme

    The proposed research aims to improve our understanding of the relationships between firms' engagement in markets external to Northern Ireland (NI) and their performance. The overall aim of the project would be to develo...

    Funded by: ESRC

    Lead research organisation: University of Ulster

  • Manufacturing renaissance in industrial regions? Investigating the potential of advanced manufacturing for sectoral and spatial rebalancing.

    The recession from 2008, and the persistent sectoral and spatial imbalances in the recovery, have provoked political calls to 'rebalance' the economy. According to Government representatives, Britain needs to 'reindustri...

    Funded by: ESRC

    Lead research organisation: University of Southampton

  • The (New) Geography of International Trade and Investment: Exploring the extent to which 'distance' matters in the establishment of economic relations

    It is a widely held view among economics and business scholars that the regional trade agreements such as NAFTA and EU have provided benefits to member countries, including Canada and the UK, and that these might be thre...

    Funded by: ESRC

    Lead research organisation: London School of Economics and Political Science

  • The Economic Impacts of Post-Brexit Trade Options

    The UK's exit from the European Union presents policymakers with an unprecedented set of challenges, risks and opportunities. Perhaps nowhere are these more significant than in the decisions that the UK will have to make...

    Funded by: ESRC

    Lead research organisation: Institute for Fiscal Studies

  • UK in a Changing Europe Fellowship

    What types of trade agreements should the UK join post-Brexit? The world trading system, comprised of multilateral, mega-regional, and bilateral trade agreements offers multiple paths forward for the future of UK trade. ...

    Funded by: ESRC

    Lead research organisation: University of Cambridge

    Why might this be relevant?

    The project specifically addresses the future trade agreements of the UK post-Brexit and the impact of international trade agreements on firms, which aligns with the question on comparative advantage in trade and investment interests.

Similar ARIs from other organisations

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