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Putting Things In Order: Trade Dynamics And Product Cycles

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Author Info
Robert C. Feenstra
Andrew K. Rose

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Abstract

We develop a procedure to rank-order objects using censored panel data sets. We illustrate this by ranking countries and commodities using disaggregated American import data and find evidence that countries and commodities can be ranked. Countries habitually begin to export goods to the United States according to an ordering; goods are also exported in order. We estimate these orderings using a methodology, that takes account of the fact that most goods are not exported by most countries in our sample. Our orderings seem sensible, robust, and intuitive, and they are correlated with macroeconomic phenomena such as productivity and growth rates. © 2000 by the President and Fellows of Harvard College and the Massachusetts Institute of Technolog

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Publisher Info
Article provided by MIT Press in its journal The Review of Economics and Statistics.

Volume (Year): 82 (2000)
Issue (Month): 3 (August)
Pages: 369-382
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Handle: RePEc:tpr:restat:v:82:y:2000:i:3:p:369-382

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  1. Catherine Y. Co, 2007. "Factors That Account for the Large Variations in U.S. Export Prices," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 143(3), pages 557-582, October. [Downloadable!] (restricted)
  2. Luca De Benedictis & Marco Gallegati & Massimo Tamberi, . "Overall Specialization and Income: Countries Diversify," Working Papers 73, Sapienza University of Rome, CIDEI. [Downloadable!]
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  3. Richard Baldwin & James Harrigan, 2007. "Zeros, Quality and Space: Trade Theory and Trade Evidence," NBER Working Papers 13214, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  4. Peter K. Schott, 2001. "Do Rich and Poor Countries Specialize in a Different Mix of Goods? Evidence from Product-Level US Trade Data," NBER Working Papers 8492, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Lilas Demmou, 2007. "Technical progress in North and welfare gains in South under nonhomothetic preferences," PSE Working Papers 2007-08, PSE (Ecole normale supérieure). [Downloadable!]
  6. Volker Nitsch, 2007. "Die Another Day: Duration in German Import Trade," DEGIT Conference Papers c012_037, DEGIT, Dynamics, Economic Growth, and International Trade. [Downloadable!]
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  7. Peter K. Schott, 2006. "The Relative Sophistication of Chinese Exports," NBER Working Papers 12173, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  8. Majah-Leah Ravago & James Roumasset & Kimberly Burnett, 2008. "Resource management for Sustainable Development of Island Economies," Working Papers 200804, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
  9. Imre Ferto & Károly Attila Soos, 2008. "Duration of trade of former communist countries at the EU," IEHAS Discussion Papers 0816, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
  10. Tibor Besedes & Thomas J. Prusa, 2003. "On the Duration of Trade," NBER Working Papers 9936, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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