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We explore the contribution of product-quality upgrading to the export performance of six fast-growing Asian economies: China, India, Indonesia, Malaysia, South Korea, and Thailand. We focus on measuring the impact of quality upgrading on the changes in these countries' sectoral export shares...
Persistent link: https://www.econbiz.de/10012843384
Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia's real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in export...
Persistent link: https://www.econbiz.de/10013019010
A key priority for the Gulf Cooperation Council (GCC) countries is to create a dynamic non-oil tradable sector to support sustainable growth. Since export diversification takes a long time, it has to start now. We argue that the failure to diversify away from oil stems mainly from market...
Persistent link: https://www.econbiz.de/10013045261
weak performance of Colombia's manufacturing sector in recent years. This paper examines the effects of the real exchange … rate, external and domestic demand, and structural changes on firms' profitability in Colombia's manufacturing sector …, we find no strong evidence that real appreciation has, on average, negatively affected the profitability of manufacturing …
Persistent link: https://www.econbiz.de/10013021774
differentials across sectors: labor productivity is more volatile in agriculture and manufacturing than in services. Aggregate … output would therefore become less volatile as labor moves away from agriculture and manufacturing and toward the service … used to generate the time path of labor shares in agriculture, manufacturing and services in individual countries. Finally …
Persistent link: https://www.econbiz.de/10013085618
Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their...
Persistent link: https://www.econbiz.de/10013047970
Thailand stands out in international comparison as a country with a high dispersion of productivity across sectors. It has especially low labor productivity in agriculture - a sector that employs a much larger share of the population than is typical for a country at Thailand's level of income....
Persistent link: https://www.econbiz.de/10013024441
The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise … generate a larger share of their revenues from exports than other firms. This is particularly true in Asia, where firms have 30 …
Persistent link: https://www.econbiz.de/10012865837
While South Asia has gone a long way in diversifying their economies, there is substantial scope to do more. Some … analysis suggests that South Asia needs to invest in infrastructure, education, and R&D, facilitate bank credit to productive …
Persistent link: https://www.econbiz.de/10013305639
infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor resources (skills) and …
Persistent link: https://www.econbiz.de/10013019027