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¿Qué explica las diferencias en el crecimiento de las exportaciones entre los países de renta media?/What Explains the Differences in Exports Growth Across Middle-Income Countries?

Author

Listed:
  • MINONDO, ASIER

    () (Deusto Business School, UNIVERSIDAD DE DEUSTO, ESPAÑA.)

  • REQUENA, FRANCISCO

    () (Departamento de Ecnomía Aplicada II (Estructura Económica). Edificio Departamental Oriental. Facultad de CC.EE. Universidad de Valencia. Avda. Del Tarongers, s/n 46022-Valencia (963828349))

Abstract

Durante las dos últimas décadas los países de renta media han ganado cuota de mercado en las exportaciones mundiales. Sin embargo, esta tendencia esconde grandes diferencias entre países. El objetivo de este trabajo es explicar estas diferencias. Para ello descomponemos el crecimiento de las exportaciones en dos márgenes: extensivo (diversificación de las relaciones comerciales) e intensivo (aumento del valor de las relaciones comerciales ya existentes). Nuestros resultados muestran que las diferencias en el crecimiento de las exportaciones entre los países de renta media se explican por la capacidad de mantener las relaciones de exportación a lo largo del tiempo y de aumentar el valor de las mismas de forma continuada. En cambio, la diversificación ha jugado un papel poco relevante. One of the most prominent features of world trade over the past two decades is the growth of middle-income countries' market share in world exports. However, this trend hides large differences across countries. The aim of this paper is to explain these differences. To this end we decompose the export growth in two margins: extensive (diversification of trade relations) and intensive (increase in the value of the trade relationships that already exist). Our results show that differences in exports growth across middle-income countries are explained by the survival and deepening of export relationships. However, diversification has played a minor role in explaining the differences in exports growth among middle-income countries.

Suggested Citation

  • Minondo, Asier & Requena, Francisco, 2011. "¿Qué explica las diferencias en el crecimiento de las exportaciones entre los países de renta media?/What Explains the Differences in Exports Growth Across Middle-Income Countries?," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 29, pages 911(24á.)-9, Diciembre.
  • Handle: RePEc:lrk:eeaart:29_3_15
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    References listed on IDEAS

    as
    1. Gabriel J Felbermayr & Wilhelm Kohler, 2014. "Exploring the Intensive and Extensive Margins of World Trade," World Scientific Book Chapters,in: European Economic Integration, WTO Membership, Immigration and Offshoring, chapter 4, pages 115-148 World Scientific Publishing Co. Pte. Ltd..
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    4. Jonathan Eaton, Marcela Eslava, Maurice Kugler,James Tybout, 1970. "Export Dynamics in Colombia: Firm-Level Evidence," Working Papers eg0036, Wilfrid Laurier University, Department of Economics, revised 1970.
    5. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, pages 1695-1725.
    6. Jonathan Eaton & Samuel Kortum & Francis Kramarz, 2004. "Dissecting Trade: Firms, Industries, and Export Destinations," American Economic Review, American Economic Association, pages 150-154.
    7. Besedes, Tibor & Prusa, Thomas J., 2011. "The role of extensive and intensive margins and export growth," Journal of Development Economics, Elsevier, pages 371-379.
    8. Jonathan Eaton & Marcela Eslava & Maurice Kugler & James Tybout, 2007. "Export Dynamics in Colombia:Firm-Level Evidence," BORRADORES DE ECONOMIA 003957, BANCO DE LA REPÚBLICA.
    9. Christian Volpe Martincus & Jerónimo Carballo, 2008. "Survival of New Exporters in Developing Countries: Does it Matter How They Diversify?," IDB Publications (Working Papers) 9291, Inter-American Development Bank.
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    12. repec:stn:sotoec:1003 is not listed on IDEAS
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    More about this item

    Keywords

    Exportaciones; países de renta media; margen extensivo; margen intensivo ; Exports; Middle-Income Countries; Intensive Margin; Extensive Margin.;

    JEL classification:

    • F1 - International Economics - - Trade

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