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Export variety and export performance: empirical evidence from East Asia

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  • Funke, Michael
  • Ruhwedel, Ralf

Abstract

Does product variety matter for export performance? This has been suggested by the new trade theory. In the present paper, we investigate empirically whether increasing export variety has contributed to the export growth of ten East Asian countries. In the paper we calculate direct measures of export variety and estimate pooled annual export equations for ten East Asian countries. The econometric results suggest that producing highly differentiated export goods gives a competitive advantage which allows to sell more products.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Asian Economics.

Volume (Year): 12 (2001)
Issue (Month): 4 ()
Pages: 493-505

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Handle: RePEc:eee:asieco:v:12:y:2001:i:4:p:493-505

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References

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  1. Michael Funke & Ralf Ruhwedel, 1999. "Product Variety and Economic Growth-Empirical Evidence for the OECD Countries," CRIEFF Discussion Papers 9906, Centre for Research into Industry, Enterprise, Finance and the Firm.
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Citations

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Cited by:
  1. Craig R. Parsons & Anh Thu Nguyen, 2009. "Import variety and productivity in Japan," Economics Bulletin, AccessEcon, vol. 29(3), pages 1947-1959.
  2. Athanasoglou, Panayiotis & Bardaka, Ioanna, 2010. "New trade theory, non-price competitiveness and export performance," MPRA Paper 32047, University Library of Munich, Germany.
  3. Yusuf, Sulaimon Aremu, 2014. "The Analysis of Export Performance of Newly Industrialized Countries (NICs): The Lesson for African Countries," MPRA Paper 55110, University Library of Munich, Germany.
  4. Panayiotis P. Athanasoglou & Ioanna C. Bardaka, 2008. "Price and Non - Price Competitiveness of Exports of Manufactures," Working Papers 69, Bank of Greece.
  5. Kaplan, Stephen B., 2006. "The political obstacles to greater exchange rate flexibility in China," World Development, Elsevier, vol. 34(7), pages 1182-1200, July.
  6. Athanasoglou Panagiotis & Backinezos Constantina & Evagelia A. Georgiou, 2010. "Export performance, competitiveness and commodity composition," Working Papers 114, Bank of Greece.
  7. Kichun Kang, 2012. "What Matters For The Extensive And Intensive Margins Of International Trade? Evidence From Korean Exports," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 57(03), pages 1250018-1-1.
  8. Joseph E. Gagnon, 2003. "Productive capacity, product varieties, and the elasticities approach to the trade balance," International Finance Discussion Papers 781, Board of Governors of the Federal Reserve System (U.S.).
  9. Galimberti, Jaqueson K., 2009. "Conditioned Export-Led Growth Hypothesis: A Panel Threshold Regressions Approach," MPRA Paper 13417, University Library of Munich, Germany.
  10. Marta Arespa, 2011. "Macroeconomics of extensive margins: a simple model," Working Papers XREAP2011-19, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2011.
  11. Berument, M. Hakan & Dincer, N. Nergiz & Mustafaoglu, Zafer, 2014. "External income shocks and Turkish exports: A sectoral analysis," Economic Modelling, Elsevier, vol. 37(C), pages 476-484.
  12. Abdul Azhar & Robert Elliott, 2011. "A Measure of Trade Induced Adjustment in Volume and Quality Space," Open Economies Review, Springer, vol. 22(5), pages 955-968, November.
  13. Emilia Penkova-Pearson, 2012. "Trade, convergence and exchange rate regime: evidence from Bulgaria and Romania," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 1(1), pages 107-139.
  14. Morris Goldstein, 2004. "Adjusting China's Exchange Rate Policies," Working Paper Series WP04-1, Peterson Institute for International Economics.
  15. Pier Saviotti & Andreas Pyka, 2008. "Product variety, competition and economic growth," Journal of Evolutionary Economics, Springer, vol. 18(3), pages 323-347, August.
  16. Mahadevan, Renuka & Suardi, Sandy, 2008. "A dynamic analysis of the impact of uncertainty on import- and/or export-led growth: The experience of Japan and the Asian Tigers," Japan and the World Economy, Elsevier, vol. 20(2), pages 155-174, March.
  17. Chassem, Nacisse Palissy, 2011. "Hypothèse de Thirlwall: cas des pays de la zone Franc
    [Thirlwall’s hypothesis : the case of countries of the Franc Zone]
    ," MPRA Paper 29990, University Library of Munich, Germany.
  18. Kang, Kichun, 2009. "The export price index with the effect of variety and an empirical analysis," Economic Modelling, Elsevier, vol. 26(2), pages 385-391, March.
  19. Christian Volpe Martincus & Sandra Milena Gómez, 2009. "Trade Policy and Export Diversification: What Should Colombia Expect from the FTA with the United States," IDB Publications 9292, Inter-American Development Bank.

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