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Quality Upgrading and Export Performance in the Asian Growth Miracle

Year: 2019

Type: article

Abstract: We explore the contribution of product-quality upgrading to the export performance of six fast-growing Asian economies: China, India, Indonesia, Malaysia, South Korea, and Thailand. We focus on measuring the impact of quality upgrading on the changes in these countries' sectoral export shares during 1970-2010. We build a multisector Ricardian trade model which allows for changes in product quality, and calibrate it to generate predictions about export volumes. Unlike previous literature, our approach allows estimation without employing domestic production data. Our results point to quality upgrading being a key driver of export shares.

Source: IMF Working Paper

DOI: 10.2139/ssrn.3523132

Authors: Chris Papageorgiou, Fidel Perez-Sebastian, Nikola Spatafora

Institutions: International Monetary Fund, University of Alicante

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W2996749803