The role of endowments, technology and size in international trade: new evidence from product-level data
Data(s) |
01/01/2016
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Resumo |
Using product-level trade data, we empirically investigate the export patterns of more than 150 countries in their exports to the USA, Brazil, India, and Japan. We document strong evidence that exporters specialize according to their relative factor endowments, technology, and economic size. More developed, capital abundant countries are found to export products of higher unit values and a wider range of products to developed, emerging and developing markets. More developed, economically larger, and technologically advanced countries are also the major exporters of new products, spanninga wide range of product categories with high unit values. Our findings provide important insights into the macro phenomenon that a large proportion of the global trade takes place among developed economies, and that the latter are also major exporters to developing markets. |
Identificador | |
Idioma(s) |
eng |
Publicador |
Taylor & Francis |
Relação |
http://dro.deakin.edu.au/eserv/DU:30084285/pham-theroleofendowments-2016.pdf http://www.dx.doi.org/10.1080/09638199.2015.1126625 |
Direitos |
2016, Taylor & Francis |
Palavras-Chave | #New products #product specialization #unit value #F20 #F14 #Heckscher-Ohlin model #Factor endowment #Product-level data #Quality ladder #US product-level imports #Brazilian product-level imports #Indian product-level imports #Japanese product-level imports #Disaggregate product-level data #Multiple-sourced products #Double-source products #Single-source products #Patents |
Tipo |
Journal Article |