Do Countries Exporting More Manufactured Products Grow Faster?

Takuji Kinkyo ()
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Takuji Kinkyo: Graduate School of Economics, Kobe University

No 824, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: This paper empirically examines the hypothesis that countries exporting a larger share of manufactured products in total exports grows faster. Both cross-country and panel data analyses find evidence in support of the hypothesis for developing countries. The results are robust to the inclusion of a range of growth determinants. It is also shown that Asia fs superior performance up to the mid-1990s can be explained largely by a rise in manufacturing export share, as well as human capital accumulation and lower inflation rates. The paper fs findings support the view that not only trade openness but also export composite matters for growth.

Pages: 25 pages
Date: 2008-11
New Economics Papers: this item is included in nep-dev and nep-sea
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