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Estimating Asian Economies’ Missing Exports

Author

Listed:
  • Ganz, Federico

    (Asian Development Bank)

  • Varela , Gonzalo

    (World Bank)

  • Taniguchi, Kiyoshi

    (Asian Development Bank)

Abstract

Integration into global markets serves as a powerful catalyst for economic growth in developing economies, offering the potential to create high paying jobs and foster development. This paper uses the structural gravity model to quantify potential merchandise exports for Asian economies, identify destinations with significant untapped potential, and assess how factors such as cutting the time required to export can improve export performance. Our preliminary findings reveal that Asian economies, on average, have sustained missing exports equivalent to 6% of gross domestic product. While Asian economies perform relatively well internationally, there remains room for improvement to match top global standards.

Suggested Citation

  • Ganz, Federico & Varela , Gonzalo & Taniguchi, Kiyoshi, 2025. "Estimating Asian Economies’ Missing Exports," ADB Economics Working Paper Series 784, Asian Development Bank.
    • Handle: RePEc:ris:adbewp:0784
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    More about this item

    Keywords

    missing exports; gravity model; global financial crisis;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M38 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Government Policy and Regulation
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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