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between export sophistication and economic growth. As a result, we argue that EXPY is not a good predictor of future economic …In 2007, Hausmann, Hwang and Rodrik (HHR) demonstrated that export specialization patterns have important implications … for economic growth. The authors developed an indicator of income level linked to the country's exports they called EXPY …
Persistent link: https://www.econbiz.de/10011480624
This paper studies whether intra-developing country price competition has significant effects on the short-run growth rates of developing countries that are specialized in manufactured exports. Regression estimates using the generalized method of moments (GMM) applied to annual panel data for 17...
Persistent link: https://www.econbiz.de/10011527510
This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their growth over time and relative counterparts are defined as...
Persistent link: https://www.econbiz.de/10014024949
This paper investigates the role of “absorptive capacity” to manage unexpected shocks to their real economy, with a focus on small, open, natural resource-dependent economies. A quarterly panel data series for 45 countries is constructed, including 23 developing Asian countries for empirical...
Persistent link: https://www.econbiz.de/10011579034
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confirms that using openness and imports indexes to proxy for trade yields more robust results compared to the use of export …
Persistent link: https://www.econbiz.de/10013184444
Persistent link: https://www.econbiz.de/10009689098
these stylized facts with a stable world income distribution.This paper is the first to document why cross-country export …Previous research has documented a strong correlation between countries’ income levels and the quality of their export … goods. Given the evidence of fast unconditional convergence in export quality, this raises the question how to reconcile …
Persistent link: https://www.econbiz.de/10013322727
national boundaries. Trade liberalisation could lead to faster import growth than export growth and hence the supply side …
Persistent link: https://www.econbiz.de/10014070258
Persistent link: https://www.econbiz.de/10013411614