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来源类型Working Paper
规范类型报告
DOI10.3386/w22869
来源IDWorking Paper 22869
The Surprising Instability of Export Specializations
Diego Daruich; William Easterly; Ariell Reshef
发表日期2016-11-28
出版年2016
语种英语
摘要We study the instability of hyper-specialization of exports. We have two main findings. (1) Specializations are surprisingly unstable: Export ranks are not persistent, and new top products and destinations replace old ones. Measurement error is unlikely to be the main or only determinant of this pattern. (2) Source-country factors are not the main explanation of this instability: Only 20% of the variation in export growth can be explained by variation in comparative advantage (source-by-product factors), while another 20% of the variation in export growth can be explained by variation in bilateral (source-by-destination) factors. The high share of product, destination, and product-by-destination factors, diminishes the emphasis on the nations where the exports originate. The high share of idiosyncratic variance (residual at the source-product-destination level of variation) of about 30%, also indicates the difficulty to predict export success using source country characteristics. These findings suggest that export performance depends, to a greater extent than previously appreciated, on forces that are outside the realm of national export promotion and industrial policies.
主题International Economics ; Trade ; Globalization and International Relations ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w22869
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580543
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GB/T 7714
Diego Daruich,William Easterly,Ariell Reshef. The Surprising Instability of Export Specializations. 2016.
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