Herfindahl-Hirschman Meets International Trade and Development Theories
AbstractTo date there does not exist one a generally acceptable measure or index of Specialization in International Trade. Development Economic Theory embraces the expectation of a direct relationship between economic growth and export diversification. However, International Trade Theory supports the association of export expansion with increased specialization. The paper proposes a Specialization Index and applies it to six small developing countries: Singapore, South Korea, Malaysia, Mexico, Tunisia and Morocco, during the years of their take offs. Additionally, the index is applied to the two large fast growing economies of Chine and India.
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Bibliographic InfoPaper provided by Department of Applied Econometrics, Warsaw School of Economics in its series Working Papers with number 50.
Length: 24 pages
Date of creation: 23 Jan 2011
Date of revision:
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Trade Specialization Indices; Development Theory; Developing Country Export Compositions; International Trade Theory; Trade in Manufactures; Trade and Transformation; Singapore; South Korea; Malaysia; Mexico; Tunisia; Morocco; China; India.;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- F1 - International Economics - - Trade
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-02-26 (All new papers)
- NEP-DEV-2011-02-26 (Development)
- NEP-INT-2011-02-26 (International Trade)
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