Estimating Asian Economies’ Missing Exports
Federico Ganz (),
Gonzalo Varela () and
Kiyoshi Taniguchi ()
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Federico Ganz: Asian Development Bank
Gonzalo Varela: World Bank
Kiyoshi Taniguchi: Asian Development Bank
No 784, ADB Economics Working Paper Series from Asian Development Bank
Abstract:
Integration into global markets serves as a powerful catalyst for economic growth in developing economies, offering the potential to create high paying jobs and foster development. This paper uses the structural gravity model to quantify potential merchandise exports for Asian economies, identify destinations with significant untapped potential, and assess how factors such as cutting the time required to export can improve export performance. Our preliminary findings reveal that Asian economies, on average, have sustained missing exports equivalent to 6% of gross domestic product. While Asian economies perform relatively well internationally, there remains room for improvement to match top global standards.
Keywords: missing exports; gravity model; global financial crisis (search for similar items in EconPapers)
JEL-codes: F14 M31 M38 O24 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2025-06-02
New Economics Papers: this item is included in nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0784
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