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surprisingly unstable: Export ranks are not persistent, and new top products and destinations replace old ones. Measurement error … of this instability: Only 20% of the variation in export growth can be explained by variation in comparative advantage … (source-by-product factors), while another 20% of the variation in export growth can be explained by variation in bilateral …
Persistent link: https://www.econbiz.de/10012455811
the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …
Persistent link: https://www.econbiz.de/10012466154
controversy continues today, even as the world is experiencing an unprecedented period of trade liberalization, and in spite of …
Persistent link: https://www.econbiz.de/10012472843
We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A …
Persistent link: https://www.econbiz.de/10012473217
This paper presents an endogenous growth model of an open economy in which the growth rate of income is higher if foreign capital goods are used relatively more than domestic capital goods for the production of capital stock. Empirical results, using cross country data for the period 1960-85,...
Persistent link: https://www.econbiz.de/10012474203
The unusually rapid and prolonged growth of both output and exports in the Newly Industralizing Countries of East Asia has led many economists to believe that productivity growth in these economies, particularly in their manufacturing sectors, has been extraordinarily high. This view has, in...
Persistent link: https://www.econbiz.de/10012474463
We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometers. We first document that nearly half of the variation can be explained by a parsimonious set of physical geography attributes. A full set of country...
Persistent link: https://www.econbiz.de/10012456530
We investigate and compare countries' export growth based on their performance at the extensive and intensive export … export markets but shortly exit when it learns its per- period fixed costs. We apply this insight to disaggregated export … data and confirm that indeed most export relationships are very short lived. We then show that the survival issue is a …
Persistent link: https://www.econbiz.de/10012465011
productivity exceeds that of Non-FIEs by around 9:1. Their production is more heavily for export rather than the domestic market … because FIEs provide access to both distribution systems abroad and product design for export markets. Our decomposition … sustainability of both China' export and overall economic growth may be questionable if inward FDI plateaus in the future …
Persistent link: https://www.econbiz.de/10012466419
We develop a simple model of the choice between exploiting a technology in another country via export and via direct … around the world. Consistent with the theory we find that the importance of DFI relative to exports grows with population … open to U.S. exports than any region in the world except East Asia …
Persistent link: https://www.econbiz.de/10012473405