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Export Variety and Export Performance: Empirical Evidence from East Asia

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  • Ralf Ruhwedel

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  • Michael Funke

    ()

Abstract

Does product variety matter for export performance? This has been suggested by the new trade theory. In the present paper, we investigate empirically whether increasing export variety has contributed to the export growth of ten East Asian countries. In the paper we calculate direct measures of export variety and estimate pooled annual export equations for ten East Asian countries. The econometric results suggest that producing highly differentiated export goods gives a competitive advantage which allows to sell more products.

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Bibliographic Info

Paper provided by Hamburg University, Department of Economics in its series Quantitative Macroeconomics Working Papers with number 20006.

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Date of creation: Jun 2000
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Handle: RePEc:ham:qmwops:20006

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  1. David Currie & Paul Levine & Joeseph Pearlman & Michael Chui, 1996. "Phases of Imitation and Innovation in a North-South Endogenous Growth Model," School of Economics Discussion Papers 9602, School of Economics, University of Surrey.
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Citations

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Cited by:
  1. Panayiotis P. Athanasoglou & Ioanna C. Bardaka, 2008. "Price and Non - Price Competitiveness of Exports of Manufactures," Working Papers 69, Bank of Greece.
  2. Yusuf, Sulaimon Aremu, 2014. "The Analysis of Export Performance of Newly Industrialized Countries (NICs): The Lesson for African Countries," MPRA Paper 55110, University Library of Munich, Germany.
  3. Kaplan, Stephen B., 2006. "The political obstacles to greater exchange rate flexibility in China," World Development, Elsevier, vol. 34(7), pages 1182-1200, July.
  4. Athanasoglou Panagiotis & Backinezos Constantina & Evagelia A. Georgiou, 2010. "Export performance, competitiveness and commodity composition," Working Papers 114, Bank of Greece.
  5. Joseph E. Gagnon, 2007. "Productive Capacity, Product Varieties, and the Elasticities Approach to the Trade Balance," Review of International Economics, Wiley Blackwell, vol. 15(4), pages 639-659, 09.
  6. Kichun Kang, 2012. "What Matters For The Extensive And Intensive Margins Of International Trade? Evidence From Korean Exports," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 57(03), pages 1250018-1-1.
  7. Marta Arespa, 2011. "Macroeconomics of extensive margins: a simple model," Working Papers XREAP2011-19, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2011.
  8. Galimberti, Jaqueson K., 2009. "Conditioned Export-Led Growth Hypothesis: A Panel Threshold Regressions Approach," MPRA Paper 13417, University Library of Munich, Germany.
  9. Chassem, Nacisse Palissy, 2011. "Hypothèse de Thirlwall: cas des pays de la zone Franc
    [Thirlwall’s hypothesis : the case of countries of the Franc Zone]
    ," MPRA Paper 29990, University Library of Munich, Germany.
  10. Athanasoglou, Panayiotis & Bardaka, Ioanna, 2010. "New trade theory, non-price competitiveness and export performance," MPRA Paper 32047, University Library of Munich, Germany.
  11. Abdul Azhar & Robert Elliott, 2011. "A Measure of Trade Induced Adjustment in Volume and Quality Space," Open Economies Review, Springer, vol. 22(5), pages 955-968, November.
  12. Morris Goldstein, 2004. "Adjusting China's Exchange Rate Policies," Working Paper Series WP04-1, Peterson Institute for International Economics.
  13. Tohmas Karlsson, 2011. "Imports, Product Variety and the Extensive Margin: Some Stylized Facts," EcoMod2011 3003, EcoMod.
  14. Emilia Penkova-Pearson, 2012. "Trade, convergence and exchange rate regime: evidence from Bulgaria and Romania," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 1(1), pages 107-139.
  15. Craig R. Parsons & Anh Thu Nguyen, 2009. "Import variety and productivity in Japan," Economics Bulletin, AccessEcon, vol. 29(3), pages 1947-1959.
  16. Kang, Kichun, 2009. "The export price index with the effect of variety and an empirical analysis," Economic Modelling, Elsevier, vol. 26(2), pages 385-391, March.
  17. Berument, M. Hakan & Dincer, N. Nergiz & Mustafaoglu, Zafer, 2014. "External income shocks and Turkish exports: A sectoral analysis," Economic Modelling, Elsevier, vol. 37(C), pages 476-484.
  18. Mahadevan, Renuka & Suardi, Sandy, 2008. "A dynamic analysis of the impact of uncertainty on import- and/or export-led growth: The experience of Japan and the Asian Tigers," Japan and the World Economy, Elsevier, vol. 20(2), pages 155-174, March.
  19. Christian Volpe Martincus & Sandra Milena Gómez, 2009. "Trade Policy and Export Diversification: What Should Colombia Expect from the FTA with the United States," IDB Publications 9292, Inter-American Development Bank.
  20. Pier Saviotti & Andreas Pyka, 2008. "Product variety, competition and economic growth," Journal of Evolutionary Economics, Springer, vol. 18(3), pages 323-347, August.

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