Exports of Manufactures by Developing Countries: Emerging Patterns of Trade and Location
Developing countries are rapidly increasing their shares of manufactured trade, not just in labour-intensive products, but also in capital- and skill-intensive ones; their shares are rising particularly rapidly in the high-technology area. However, manufactured exports remain highly concentrated in the developing world, with a few countries dominating all forms of export. Within the successful exporting countries, there are significant differences in the 'technology content' of exports. These trends are difficult to explain with received trade theory, even taking human capital into account, or with reference to broad economic policies: it is useful to bring in 'learning,' along with scale economies, increasing returns, and agglomeration as determinants of comparative advantage. These factors imply market failures, and so a role for policy in developing genuine comparative advantages. This article suggests that emerging trade and location patterns in the developing work are explained by market imperfections and government policies to overcome them. Copyright 1998 by Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mody, Ashoka & Yilmaz, Kamil & DEC, 1994.
"Is there persistence in the growth of manufactured exports? Evidence from newly industrializing countries,"
Policy Research Working Paper Series
1276, The World Bank.
- Mody, Ashoka & Yilmaz, Kamil, 1997. "Is there persistence in the growth of manufactured exports? Evidence from newly industrializing countries," Journal of Development Economics, Elsevier, vol. 53(2), pages 447-470, August.
- Lall, Sanjaya, 1995. "Structural adjustment and African industry," World Development, Elsevier, vol. 23(12), pages 2019-2031, December.
- Pack, Howard & Westphal, Larry E., 1986. "Industrial strategy and technological change : Theory versus reality," Journal of Development Economics, Elsevier, vol. 22(1), pages 87-128, June.
- Yeats, Alexander J., 1998. "Just how big is global production sharing?," Policy Research Working Paper Series 1871, The World Bank.
- Adrian Wood & Kersti Berge, 1997. "Exporting manufactures: Human resources, natural resources, and trade policy," Journal of Development Studies, Taylor & Francis Journals, vol. 34(1), pages 35-59.
- Lall, Sanjaya & Teubal, Morris, 1998. ""Market-stimulating" technology policies in developing countries: A framework with examples from East Asia," World Development, Elsevier, vol. 26(8), pages 1369-1385, August.
- Venables, Anthony J., 1996. "Trade policy, cumulative causation, and industrial development," Journal of Development Economics, Elsevier, vol. 49(1), pages 179-197, April.
When requesting a correction, please mention this item's handle: RePEc:oup:oxford:v:14:y:1998:i:2:p:54-73. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.