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and more complex capabilities, reflected in the increase in diversification and sophistication of its export basket. This … sophisticated products, although the latter does not indicate that there was leapfrogging. Analysis of China's current export …The key factor underlying China's fast development during the last 50 years is its ability to master and accumulate new …
Persistent link: https://www.econbiz.de/10010286504
sophistication of the products it makes and exports, which reflect its accumulated capabilities. We find that countries like China …) sophistication; (2) diversification; (3) standardness; and (4) possibilities for exporting with comparative advantage over other …We develop an Index of Opportunities for 130 countries based on their capabilities to undergo structural transformation …
Persistent link: https://www.econbiz.de/10010286536
- and skilled labor-intensive products has allowed the country to accumulate a large number of capabilities. This positions …
Persistent link: https://www.econbiz.de/10010286537
Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in...
Persistent link: https://www.econbiz.de/10010273506
This paper challenges the common view that exports generally contribute more to GDP growth than a mere change in export volume, as the export-led growth hypothesis predicts. Applying heterogeneous panel cointegration techniques to a production function model with non-export GDP as the dependent...
Persistent link: https://www.econbiz.de/10010281816
This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find...
Persistent link: https://www.econbiz.de/10010286623
classify 779 exported commodities according to two dimensions: (1) sophistication (measured by the income content of the … significant share of products that are in the middle of the sophistication and connectivity spectra. We also find 17 countries … products. To escape this situation, these countries need to implement policies that would help them accumulate the capabilities …
Persistent link: https://www.econbiz.de/10010286532
We study how financial market efficiency affects a measure of diversification of output across industrial sectors … and for various levels of disaggregation, we construct a benchmark measure of diversification as the set of allocations of … patterns disappear when we employ "naive" measures of diversification based on the equal spreading of output across sectors. …
Persistent link: https://www.econbiz.de/10011605305
Persistent link: https://www.econbiz.de/10011695859
Persistent link: https://www.econbiz.de/10010300183