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Export Sophistication and Export-Led Growth: An Analysis of the Export Basket of Selected East Asian Economies

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  • Bayudan-Dacuycuy, Connie
  • Lim, Joseph Anthony

Abstract

This research aims to examine the sophistication of export portfolios of selected ASEAN and developed Asian economies. It aims to provide evidence on where exactly the ASEAN economies are in the context of exports sophistication and structural transformation. Results from the product space analysis indicate that although limited in product scope, there are prospects for ASEAN economies to converge to the level of the export sophistication of the developed Asian countries.

Suggested Citation

  • Bayudan-Dacuycuy, Connie & Lim, Joseph Anthony, 2014. "Export Sophistication and Export-Led Growth: An Analysis of the Export Basket of Selected East Asian Economies," MPRA Paper 64650, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:64650
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    File URL: https://mpra.ub.uni-muenchen.de/64650/1/MPRA_paper_64650.pdf
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    References listed on IDEAS

    as
    1. Jesús Crespo Cuaresma & Julia Wörz, 2005. "On Export Composition and Growth," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 141(1), pages 33-49, April.
    2. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 577-598.
    3. Ricardo Hausmann & Jason Hwang & Dani Rodrik, 2007. "What you export matters," Journal of Economic Growth, Springer, vol. 12(1), pages 1-25, March.
    4. C. A. Hidalgo & B. Klinger & A. -L. Barabasi & R. Hausmann, 2007. "The Product Space Conditions the Development of Nations," Papers 0708.2090, arXiv.org.
    5. Hausmann, Ricardo & Klinger, Bailey, 2006. "Structural Transformation and Patterns of Comparative Advantage in the Product Space," Working Paper Series rwp06-041, Harvard University, John F. Kennedy School of Government.
    6. Hausmann, Ricardo & Rodrik, Dani, 2003. "Economic development as self-discovery," Journal of Development Economics, Elsevier, vol. 72(2), pages 603-633, December.
    7. Hausmann, Ricardo & Klinger, Bailey, 2008. "Achieving Export-Led Growth in Colombia," Working Paper Series rwp08-063, Harvard University, John F. Kennedy School of Government.
    8. Dierk HERZER & Felicitas NOWAK-LEHMANN D. & Boriss SILIVERSTOVS, 2006. "Export-Led Growth In Chile: Assessing The Role Of Export Composition In Productivity Growth," The Developing Economies, Institute of Developing Economies, vol. 44(3), pages 306-328.
    9. Bassam Abual-Foul, 2004. "Testing the export-led growth hypothesis: evidence from Jordan," Applied Economics Letters, Taylor & Francis Journals, vol. 11(6), pages 393-396.
    10. Nasim Shah Shirazi & Turkhan Ali Abdul Manap, 2005. "Export-Led Growth Hypothesis: Further Econometric Evidence From South Asia," The Developing Economies, Institute of Developing Economies, vol. 43(4), pages 472-488, December.
    11. Dodaro, Santo, 1991. "Comparative advantage, trade and growth: Export-Led growth revisited," World Development, Elsevier, vol. 19(9), pages 1153-1165, September.
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    Cited by:

    1. Connie Bayudan-Dacuycuy, 2012. "The Philippine export portfolio in the product space: potentials, possibilities and policy challenges," Economics Bulletin, AccessEcon, vol. 32(1), pages 59-66.

    More about this item

    Keywords

    Keywords: product space; export diversification; economic development; Asian economies; ASEAN exports;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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