Do Countries Exporting More Manufactured Products Grow Faster?
This paper empirically examines the hypothesis that countries exporting a larger share of manufactured products in total exports grows faster. Both cross-country and panel data analyses find evidence in support of the hypothesis for developing countries. The results are robust to the inclusion of a range of growth determinants. It is also shown that Asiafs superior performance up to the mid-1990s can be explained largely by a rise in manufacturing export share, as well as human capital accumulation and lower inflation rates. The paperfs findings support the view that not only trade openness but also export composite matters for growth.
Year of publication: |
2008-11
|
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Authors: | Kinkyo, Takuji |
Institutions: | Faculty of Economics, Kobe University |
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