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Modeling Aggregate Manufactured Exports for Some Asian Newly Industrialized Economies Author info | Abstract | Publisher info | Download info | Related research | Statistics Muscatelli, Vito Antonio
Stevenson, Andrew A
Montagna, Catia
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A central question in studies of the Asian newly industrialised economies has been whether the extremely rapid export growth of these countries can be viewed as primarily a phenomenon of income-elastic export demand or of fast-expanding export supply in the face of highly price-elastic demand. This paper provides evidence to show that, while high income elasticities of export demand are detected using a conventional simultaneous model, this may conceal the presence of important product differentiation and product innovation effects on export demand. These are then captured using a measure of the total resource base. Copyright 1995 by MIT Press.
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Article provided by MIT Press in its journal Review of Economics & Statistics .
Volume (Year): 77 (1995)
Issue (Month): 1 (February)
Pages: 147-55
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Handle: RePEc:tpr:restat:v:77:y:1995:i:1:p:147-55Contact details of provider: Web page: http://mitpress.mit.edu/journals/
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