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The role of endowments, technology and size in international trade: new evidence from product-level data
journal contribution
posted on 2016-01-01, 00:00 authored by Cong PhamCong Pham, Mehmet UlubasogluMehmet UlubasogluUsing 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, spanning
a 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.
a 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.
History
Journal
Journal of international trade & economic developmentVolume
25Issue
7Pagination
913 - 937Publisher
Taylor & FrancisLocation
London, Eng.Publisher DOI
ISSN
0963-8199eISSN
1469-9559Language
engPublication classification
C1 Refereed article in a scholarly journal; C Journal articleCopyright notice
2016, Taylor & FrancisUsage metrics
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New productsproduct specializationunit valueF20F14Social SciencesEconomicsBusiness & EconomicsQUALITYSPECIALIZATIONGOODSINEQUALITYCYCLESINCOMEHeckscher-Ohlin modelFactor endowmentProduct-level dataQuality ladderUS product-level importsBrazilian product-level importsIndian product-level importsJapanese product-level importsDisaggregate product-level dataMultiple-sourced productsDouble-source productsSingle-source productsPatents
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