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Trade Liberalization: Export-market Participation, Productivity Growth, and Innovation

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Author Info
John R. Baldwin
Wulong Gu

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Abstract

The paper examines how Canadian manufacturing plants have responded to reductions in tariff barriers between Canada and the rest of world over the past two decades. Three main conclusions emerge from the analysis. First, trade liberalization was a significant factor behind the strong export growth of the Canadian manufacturing sector. As trade barriers fell, more Canadian plants entered the export market and existing exporters increased their share of shipments sold abroad. Second, export-market participation was associated with increases in a plant's productivity growth. Third, our analysis identified the presence of three main mechanisms through which export-market participation raises productivity growth among plants: learning by exporting; exposure to international competition; and increases in product specialization that allowed for exploitation of scale economies. Our evidence also shows that plants that move into export markets increase investments in R&D and training to develop capacities for absorbing foreign technologies and international best practices. Finally, entering export markets leads to increases in the number of advanced technologies being used, increases in foreign sourcing for advanced technologies, and improvements in the information available to firms about advanced technologies. It is also associated with improvements in the novelty of the innovations that are introduced. Copyright 2004, Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 20 (2004)
Issue (Month): 3 (Autumn)
Pages: 372-392
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Handle: RePEc:oup:oxford:v:20:y:2004:i:3:p:372-392

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  1. Q Li & S Girma, . "Exporting, FDI, and Labour Demand Adjustment: Evidence from the UK Manufacturing," Working Papers 2006_18, Department of Economics, University of Glasgow. [Downloadable!]
  2. Baldwin, John R. & Gu, Wulong, 2006. "The Impact of Trade on Plant Scale, Production-Run Length and Diversification," Economic Analysis (EA) Research Paper Series 2006038e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  3. Lileeva, Alla, 2008. "Dynamique de la libéralisation des échanges et de la productivité : un éclairage canadien," Série de documents de recherche sur l'analyse économique (AE) 2008051f, Statistics Canada, Direction des études analytiques. [Downloadable!]
  4. Peter Nicholson, 2009. "Innovation and Business Strategy: Why Canada Falls Short," International Productivity Monitor, Centre for the Study of Living Standards, vol. 18, pages 51-71, Spring. [Downloadable!]
  5. Mark Gehlhar & Anita Regmi & Spyro Stefanou & Barry Zoumas, 2006. "Managing Firm Competitiveness in Global Markets," Working Papers 0714, University of Crete, Department of Economics. [Downloadable!]
  6. Baldwin, John R. & Gellatly, Guy, 2006. "Innovation Capabilities: The Knowledge Capital Behind the Survival and Growth of Firms," The Canadian Economy in Transition 2006013e, Statistics Canada, Economic Analysis Division. [Downloadable!]
  7. Baldwin, John R. & Gu, Wulong, 2008. "Impartition et délocalisation au Canada ," Série de documents de recherche sur l'analyse économique (AE) 2008055f, Statistics Canada, Direction des études analytiques. [Downloadable!]
  8. Gopinath, Munisamy & Sheldon, Ian & Echeverria, Rodrigo, 2007. "Firm Heterogeneity and International Trade: Implications for Agricultural and Food Industries," Trade Policy Issues Papers 9349, International Agricultural Trade Research Consortium. [Downloadable!]
  9. Bee Yan Aw & Mark J. Roberts & Tor Winston, 2005. "The Complementary Role of Exports and R&D Investments as Sources of Productivity Growth," NBER Working Papers 11774, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  10. Lileeva, Alla, 2008. "Trade Liberalization and Productivity Dynamics: Evidence from Canada," Economic Analysis (EA) Research Paper Series 2008051e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  11. Baldwin, John R. & Gellatly, Guy, 2007. "Global Links: Multinationals in Canada: An Overview of Research at Statistics Canada," The Canadian Economy in Transition 2007014e, Statistics Canada, Economic Analysis Division. [Downloadable!]
  12. Hoekman, Bernard & Smarzynska Javorcik, Beata, 2004. "Policies facilitating firm adjustment to globalization," Policy Research Working Paper Series 3441, The World Bank. [Downloadable!]
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  13. Richard Dion & Robert Fay, 2008. "Understanding Productivity: A Review of Recent Technical Research," Discussion Papers 08-3, Bank of Canada. [Downloadable!]
  14. Gu, Wulong & Sawchuk, Gary, 2006. "How Are Canadian Regions Adjusting to a Larger and More Integrated North American Market?," Economic Analysis (EA) Research Paper Series 2006039e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  15. Baldwin, John R. & Gu, Wulong, 2008. "Outsourcing and Offshoring in Canada," Economic Analysis (EA) Research Paper Series 2008055e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  16. Jim Malley & Apostolis Philippopoulos & Ulrich Woitek, 2007. "To React or Not? Fiscal Policy, Volatility and Welfare in the EU-3," Working Papers 2007_02, Department of Economics, University of Glasgow. [Downloadable!]
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