Understanding import diversification: an empirical analysis
Contribuinte(s) |
Velásquez Ceballos, Hermilson Mejía Mejía, Juan Felipe |
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Cobertura |
Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees |
Data(s) |
03/10/2016
2016
03/10/2016
|
Resumo |
This paper analyzes import diversification in an aggregated perspective -- Using a dataset for 60 countries covering the period 1995-2010, we study the main determinants of import diversification -- We expect to contribute to the current literature, taking into account that there have been few empirical studies addressing import diversification and more specifically, at the cross-country level -- We take into account variables classified into four categories: Structural factors, macroeconomic factors, international trade factors and political factors -- We find robust evidence that total factor productivity (TFP), capital stock, real Exchange rates and terms of trade are key drivers of import diversification -- On the other hand, domestic consumption and trade openness exert an effect leading to import concentration -- We interpret this finding, taking into account the theoretical framework provided by the international trade and growth theories |
Identificador |
http://hdl.handle.net/10784/9333 382.5 M516 |
Idioma(s) |
spa |
Publicador |
Universidad EAFIT Maestría en Economía Escuela de Economía y Finanzas |
Direitos |
info:eu-repo/semantics/openAccess openAccess Libre acceso |
Palavras-Chave | #Índice de Productividad Total de los Factores (PTF) #Indicadores de productividad #APERTURA ECONÓMICA #CAPITAL SOCIAL #COMERCIO INTERNACIONAL #TRATADOS COMERCIALES #DIVERSIFICACIÓN DE EXPORTACIONES #DIVERSIFICACIÓN DE LA PRODUCCIÓN #IMPORTACIONES #CAMBIO EXTERIOR #POLÍTICA MONETARIA #EMPRESAS INTERNACIONALES #Social capital (Sociology) #International trade #Commercial treaties #Export diversification #Production diversification #Imports #Foreign exchange #Monetary policy #International business enterprises |
Tipo |
masterThesis info:eu-repo/semantics/masterThesis Tesis de Maestría acceptedVersion |