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Export specialization and economic growth around the world

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  • Lee, Jim
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Abstract

This paper empirically investigates the extent to which technological characteristics in exports affect the patterns of trade-led economic growth across countries. Data of the Balassa index, which captures a country's revealed comparative advantage, are obtained for industries classified by technological intensity. Regression results based on a sample of 71 countries since 1970 suggest that economies have tended to grow more rapidly when they have increasingly specialized in exporting high-technology as opposed to traditional or low-technology goods. The findings are robust to the presence of various control variables as well as the consideration of parameter heterogeneity and in the endogeneity of export structures.

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Bibliographic Info

Article provided by Elsevier in its journal Economic Systems.

Volume (Year): 35 (2011)
Issue (Month): 1 (March)
Pages: 45-63

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Handle: RePEc:eee:ecosys:v:35:y:2011:i:1:p:45-63

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Keywords: Export specialization Economic growth Trade openness Technology Quantile regression;

References

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Citations

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Cited by:
  1. Oelgemöller, Jens, 2012. "Analyzing the international competitiveness of the industry in Portugal, Ireland, Greece and Spain using revealed comparative advantages (RCA) indicators," CAWM Discussion Papers 61, Center of Applied Economic Research Münster (CAWM), University of Münster.
  2. Alderighi Marco & Gaggero Alberto A., 2012. "Air Accessibility and Export Capability of the Italian Manufacturing Industry," L'industria, Società editrice il Mulino, issue 4, pages 635-662.
  3. Jens Oelgemoeller, . "Analyzing the international competitiveness of the industry in Portugal, Ireland, Greece and Spain using revealed comparative advantages (RCA) indicators," Working Papers 201286, Institute of Spatial and Housing Economics, Munster Universitary.
  4. Chang, Chun-Ping & Berdiev, Aziz N. & Lee, Chien-Chiang, 2013. "Energy exports, globalization and economic growth: The case of South Caucasus," Economic Modelling, Elsevier, vol. 33(C), pages 333-346.

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