This paper provides some evidence of the "export overshooting" phenomenon, i.e., the unusually large deviation of exports from their long-run level. We study the export trends of a sample of 37 countries including both OECD and non-OECD countries over the period of 1994-2009. We find that...

The rapid expansion of China's trade today owes much to the procurement of American and European firms for their home demand and the migration of industries from Taiwan and Hong Kong to China as sources for production. The catalytic participation of the former suppliers in Taiwan and Hong Kong...

A new type of outsourcing, export outsourcing, has become increasingly important in recent years. Export outsourcing is the practice in which firms that receive export orders subcontract part or all of order to low-wage countries, playing the dual role of a middleman and a manufacturer. Its...