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¿Qué explica las diferencias en el crecimiento de las exportaciones entre los países de renta media?/What Explains the Differences in Exports Growth Across Middle-Income Countries?

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Author Info

  • MINONDO, ASIER

    ()
    (Deusto Business School, UNIVERSIDAD DE DEUSTO, ESPAÑA.)

  • REQUENA, FRANCISCO

    ()
    (Departamento de Ecnomía Aplicada II (Estructura Económica). Edificio Departamental Oriental. Facultad de CC.EE. Universidad de Valencia. Avda. Del Tarongers, s/n 46022-Valencia (963828349))

Abstract

Durante las dos últimas décadas los países de renta media han ganado cuota de mercado en las exportaciones mundiales. Sin embargo, esta tendencia esconde grandes diferencias entre países. El objetivo de este trabajo es explicar estas diferencias. Para ello descomponemos el crecimiento de las exportaciones en dos márgenes: extensivo (diversificación de las relaciones comerciales) e intensivo (aumento del valor de las relaciones comerciales ya existentes). Nuestros resultados muestran que las diferencias en el crecimiento de las exportaciones entre los países de renta media se explican por la capacidad de mantener las relaciones de exportación a lo largo del tiempo y de aumentar el valor de las mismas de forma continuada. En cambio, la diversificación ha jugado un papel poco relevante. One of the most prominent features of world trade over the past two decades is the growth of middle-income countries' market share in world exports. However, this trend hides large differences across countries. The aim of this paper is to explain these differences. To this end we decompose the export growth in two margins: extensive (diversification of trade relations) and intensive (increase in the value of the trade relationships that already exist). Our results show that differences in exports growth across middle-income countries are explained by the survival and deepening of export relationships. However, diversification has played a minor role in explaining the differences in exports growth among middle-income countries.

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Bibliographic Info

Article provided by Estudios de Economía Aplicada in its journal Estudios de Economía Aplicada.

Volume (Year): 29 (2011)
Issue (Month): (Diciembre)
Pages: 911 (24 págs.)

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Handle: RePEc:lrk:eeaart:29_3_15

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Related research

Keywords: Exportaciones; países de renta media; margen extensivo; margen intensivo ; Exports; Middle-Income Countries; Intensive Margin; Extensive Margin.;

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References

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  1. Jonathan Eaton & Samuel Kortum & Francis Kramarz, 2004. "Dissecting trade: firms, industries, and export destinations," Staff Report, Federal Reserve Bank of Minneapolis 332, Federal Reserve Bank of Minneapolis.
  2. repec:cbi:wpaper:2/rt/07 is not listed on IDEAS
  3. repec:stn:sotoec:1003 is not listed on IDEAS
  4. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, Econometric Society, vol. 71(6), pages 1695-1725, November.
  5. David Hummels & Peter J. Klenow, 2005. "The Variety and Quality of a Nation's Exports," American Economic Review, American Economic Association, American Economic Association, vol. 95(3), pages 704-723, June.
  6. Jonathan Eaton & Marcela Eslava & Maurice Kugler & James Tybout, 2007. "Export Dynamics in Colombia: Firm-Level Evidence," NBER Working Papers 13531, National Bureau of Economic Research, Inc.
  7. Tibor Besedes & Thomas J. Prusa, 2007. "The Role of Extensive and Intensive Margins and Export Growth," NBER Working Papers 13628, National Bureau of Economic Research, Inc.
  8. Felbermayr, Gabriel & Kohler, Wilhelm K., 2006. "Exploring the intensive and extensive margins of world trade," Munich Reprints in Economics, University of Munich, Department of Economics 20610, University of Munich, Department of Economics.
  9. Christian Volpe Martincus & Jerónimo Carballo, 2008. "Survival of New Exporters in Developing Countries: Does it Matter How They Diversify?," IDB Publications 9291, Inter-American Development Bank.
  10. Facundo Albornoz & Héctor Calvo-Pardo & Gregory Corcos & Emanuel Ornelas, 2010. "Sequential exporting," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 28724, London School of Economics and Political Science, LSE Library.
  11. De Loecker, Jan, 2007. "Do exports generate higher productivity? Evidence from Slovenia," Journal of International Economics, Elsevier, Elsevier, vol. 73(1), pages 69-98, September.
  12. Lawless, Martina, 2009. "Firm export dynamics and the geography of trade," Journal of International Economics, Elsevier, Elsevier, vol. 77(2), pages 245-254, April.
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