Export sophistication and the terms of trade of the developing and emerging countries

Saadi, Mohamed

doi:10.1080/02692171.2011.631899

Cited by 11 publications

(3 citation statements)

References 61 publications

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“…Summing up the presented results of research on the formation of MTOT in the last century, one can clearly state that in the second half of the twentieth century, there was a clear downward trend in this indicator, to the disadvantage of developing countries. This gave rise to opinions expressed in the literature that the views derived from the Preibish-Singer hypothesis (Preibish,1950;Singer, 1950) about the need for industrialization and diversification of exports of developing countries as a way to "escape from the deteriorating terms of trade" are no longer valid in today's economy (Ocampo and Parra, 2007;Chakraborty, 2012;Saadi, 2012). It was also pointed out that price relations in international trade today are not determined by the export structure of countries (commodity characteristics), but rather by their level of development (country characteristics), such as market power, place in the global supply chain, and organization of the labor market (Ziesmer, 2010;Grancay et al, 2015).…”

Section: New Phenomena In the Price Movement Of Manufactured Goods In Contemporary International Trade 1050mentioning

confidence: 99%

New Phenomena in the Price Movement of Manufactured Goods in Contemporary International Trade

Dudziński¹,

Knap²

2021

ERSJ

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The research on export price trends was conducted based on the export price indices of processed goods and indices of manufacture to manufacture terms of trade. Then, the analysis of changes in the structure of exports of processed goods by the degree of processing of the countries and groups of countries studied was made. Findings: The results indicate the existence of relatively high dynamics of export prices of processed goods of China and India, i.e., developing countries, so far competing with low prices in exports. This phenomenon occurred under the conditions of an apparent increase in the share of high-skill and technology-intensive manufactures in the total exports of these countries in the last quarter of a century, as shown in the study. Practical Implications: The results of this research have important implications for economic policy-making in developing countries. They confirm that goods characteristics (export structure) are still an important determinant of export prices. Originality/Value: The present study demonstrates new phenomena in the price movement of manufactured goods in international trade that deviate from previous trends analyzed and reported in the literature. The findings contribute to the ongoing discussion on the increasing technological sophistication of developing countries' exports improving their terms of trade.

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Section: New Phenomena In the Price Movement Of Manufactured Goods In Contemporary International Trade 1050mentioning

confidence: 99%

New Phenomena in the Price Movement of Manufactured Goods in Contemporary International Trade

Dudziński¹,

Knap²

2021

ERSJ

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“…En este sentido, desarrollaron los indicadores prody y expy, que reflejan el grado de complejidad que posee un bien exportado y la complejidad general de la canasta exportadora de una nación, respectivamente. A partir de esta metodología, entre los trabajos más destacados se encuentran Saadi (2012) En lo que respecta al rol de las importaciones, algunos autores han señalado que el canal de transmisión principal entre la apertura comercial y el crecimiento de largo plazo son las importaciones de capital, en contraposición con la hipótesis previamente planteada, en la que se supone que el crecimiento es impulsado principalmente por las exportaciones. Rodrik et al (1995) señalan que el crecimiento acelerado, observado en los países del este asiático, fue causado por el crecimiento de la inversión y que el auge exportador fue una consecuencia de ello.…”

Section: Automóvilesunclassified

Los precios del petróleo y la complejidad de la canasta exportadora

Hernández

Torres

Ortiz

2021

Rev. fac. cien. econ.

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El objetivo de este artículo es establecer el efecto de la caída de los precios del petróleo en la complejidad o intensidad tecnológica de la canasta exportadora de Colombia, especialmente en las exportaciones industriales. Para ello, se desarrollaron tres análisis cuantitativos: i) un análisis descriptivo a través de la Matriz de Contabilidad Social, ii) la estimación de la función impulso-respuesta de un modelo VAR estructural entre la tasa de cambio y las exportaciones industriales y iii) el cálculo de los indicadores PRODY y EXPY como una aproximación para valorar la desmejora en la complejidad de la canasta exportadora colombiana. Los resultados encontrados en este artículo señalan que la caída de los precios del crudo a nivel mundial afectó negativamente —en contra de la intuición económica— la complejidad de la canasta exportadora nacional. Esto, fundamentado en que el aparato productivo colombiano es altamente dependiente de las importaciones de bienes de capital y de consumo intermedio para la producción de bienes manufacturados de mayor complejidad tecnológica. Como resultado de la depreciación del peso colombiano respecto al dólar americano, las importaciones se vieron afectadas, lo que repercutió a su vez en las exportaciones de bienes de mayor complejidad.

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“…A number of studies also show that although developing countries 'export sophistication level is improving, their terms of trade is deteriorating. (Li, Huang & Li, 2007;Lemoine & Kesenci, 2008;Amiti & Freund, 2007;Saadi, 2012).…”

Section: The Relationship Between Fdi Inflows and High Technology Exportsmentioning

confidence: 99%

Yüksek Teknoloji̇ İhracatinin Temel Beli̇rleyi̇ci̇leri̇ni̇n Anali̇zi̇: Bi̇r Panel Veri̇

Akin¹,

Güneş²,

Gürel³

et al. 2020

Kafkas Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi

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Export competitiveness is important in globalizing world. High technology exporter countries can increase their export volume and value more easily than the countries exporting primary goods because of high income elasticity in hightechnology products.In this context this study investigates the main determinants of high-technology exports by using a wide panel data set and a wide range of economic, political and institutional variables for 48 countries which cover %90 percent of total hightechnology/total manufactured export ratio. To this aim, panel ARDL methodology have been employed to examine the long run effect of indicators such as, schooling, per capita income, trade openness, foreign direct investments, domestic saving, political stability, reel effective exchange rate and patent applications for the period from 1980 to 2017. Estimation results show that trade openness, FDI inflows, per capita income and schooling are the important factors that affect hightechnology export performance of sample countries.

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Export sophistication and the terms of trade of the developing and emerging countries

Cited by 11 publications

References 61 publications

New Phenomena in the Price Movement of Manufactured Goods in Contemporary International Trade

New Phenomena in the Price Movement of Manufactured Goods in Contemporary International Trade

Los precios del petróleo y la complejidad de la canasta exportadora

Yüksek Teknoloji̇ İhracatinin Temel Beli̇rleyi̇ci̇leri̇ni̇n Anali̇zi̇: Bi̇r Panel Veri̇

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