2015•Review of Economics and Development StudiesOpen access

Inter-Industry Comparative Advantage of Sudan

Macleans Mzumara

Abstract

The Author has investigated inter-industry comparative advantage of Sudan. Inter-industry comparative advantage in Sudan is lacking. Industries have insignificant number of product codes in which they have comparative advantage. Exports earnings are not linked to the number of product codes in which comparative advantage exists. Sudan mainly exports crude oil without value addition. It is recommended that Sudan diversifies its economy. It is further recommended that it adds value to its oil by refining it. There is a need of investing in exploration of new endowments to boost comparative advantage. Sudan should work towards attracting foreign direct investment so it can be able to expand its narrow base of comparative advantage

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Key concepts: Comparative advantage, Revealed comparative advantage, Competitive advantage, Product (mathematics), Value (mathematics), Business, Earnings, Foreign direct investment