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How Exports Matter: Trade Patterns over Development Stages
Audretsch, David B; Sanders, Mark; Zhang, Lu - C.E.P.R. Discussion Papers - 2012
In this paper we first propose a proxy for the maturity of a country’s export bundle based on product life cycle theory …. Employing a conditional latent class model, we then examine the effect of maturity of countries’ exports on their economic … faster when they specialize in less mature products in an advanced country regime. The effect of maturity turns insignificant …
Persistent link: https://www.econbiz.de/10011083276
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Price Distortions and Economic Growth in Sub-Saharan Africa
Anderson, Kym; Brückner, Markus - C.E.P.R. Discussion Papers - 2011
To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...
Persistent link: https://www.econbiz.de/10009246604
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Trade openness and spatial inequality in emerging countries
Ezcurra, Roberto; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2013
Emerging world countries have experienced over the last two decades a significant change in their trade patterns. Bold trade reforms have been followed by rapid rises in international trade levels. However, despite these radical changes, we know remarkably little about how changes in trade...
Persistent link: https://www.econbiz.de/10011084500
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Services Policy Reform and Economic Growth in Transition Economies, 1990-2004
Eschenbach, Felix; Hoekman, Bernard - C.E.P.R. Discussion Papers - 2006
Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment and international transactions. However, large differences exist across transition economies with respect to services intensity and services...
Persistent link: https://www.econbiz.de/10005662114
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Political Predation and Economic Development
Azam, Jean-Paul; Bates, Robert H; Biais, Bruno - C.E.P.R. Discussion Papers - 2005
Economic growth occurs as resources are reallocated from the traditional sector to the more productive modern sector. Yet, the latter is more vulnerable to political predation. Hence, political risk hinders development. We analyse a politico-economic game between citizens and governments, whose...
Persistent link: https://www.econbiz.de/10005667096
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Growth, History and Institutions
Bertocchi, Graziella - C.E.P.R. Discussion Papers - 2004
We illustrate the ongoing research line on Growth, History, and Institutions, which adds to economic growth analysis a historical and an institutional dimension, both at the theoretical and the empirical level. We present applications of this research strategy to the impact of colonization on...
Persistent link: https://www.econbiz.de/10005656343
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Intellectual Property Rights and Efficient Firm Organization
Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2012
I provide a justification of intellectual property rights as a source of static efficiency gains in manufacturing, rather than dynamic benefits from greater innovation. I develop a property-rights model of a supply relationship with two dimensions of non- contractible investment. In equilibrium,...
Persistent link: https://www.econbiz.de/10011084191
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Putting Things in Order: Patterns of Trade Dynamics and Macroeconomics
Feenstra, Robert; Rose, Andrew K - C.E.P.R. Discussion Papers - 1997
This paper develops a procedure to rank-order countries and commodities using disaggregated US imports data. It finds strong evidence that both countries and commodities can be ranked, consistent with the ‘product cycle’ hypothesis. Countries habitually begin to export goods to the United...
Persistent link: https://www.econbiz.de/10005667116
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Export dynamics and sales at home
Berman, Nicolas; Berthou, Antoine; Héricourt, Jérôme - C.E.P.R. Discussion Papers - 2011
How do firms' sales interact across markets? Are foreign and domestic sales complements or substitutes? Using a large French firm-level database that combines balance-sheet and product-destination-specific export information over the period 1995-2001, we study the interconnections between...
Persistent link: https://www.econbiz.de/10009364995
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Sequential Exporting
Albornoz-Crespo, Facundo; Calvo Pardo, Hector F.; … - C.E.P.R. Discussion Papers - 2010
Many new exporters give up exporting very shortly, despite substantial entry costs; others shoot up foreign sales and expand to new destinations. We develop a model based on experimentation to rationalize these and other dynamic patterns of exporting firms. We posit that individual export...
Persistent link: https://www.econbiz.de/10008692316