Non-price competitiveness of exports from emerging countries
Konstantins Benkovskis () and
Additional contact information
Julia Wörz: Oesterreichische Nationalbank
Authors registered in the RePEc Author Service: Julia Maria Woerz ()
Empirical Economics, 2016, vol. 51, issue 2, 707-735
Abstract We construct a relative export price index that adjusts for changes in non-price factors (e.g. quality or taste) and changes in the set of competitors for nine emerging economies (Argentina, Brazil, Chile, China, India, Indonesia, Mexico, Russia and Turkey). The index is calculated using highly disaggregated (6-digit Harmonized System, HS) trade data from UN Comtrade for the period between 1996 and 2012. Our method highlights the crucial importance of non-price competitiveness in assessing emerging countries’ performance on external markets, as well as notable differences in non-price competitiveness dynamics across exporters. China shows a huge gain in international competitiveness due to non-price factors, while the role of the exchange rate in explaining China’s competitive position may have been overstressed. Similarly, Brazil, India and Turkey show discernible improvements in their competitive position when accounting for non-price factors. Oil exports account for strong improvement in Russia’s non-price competitiveness, as well as losses of competitiveness for Indonesia. Mexico’s competitiveness deteriorates prior to 2006 and improves afterwards.
Keywords: Non-price competitiveness; Quality; Relative export price; Emerging countries (search for similar items in EconPapers)
JEL-codes: C43 F12 F14 L15 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s00181-015-1015-y Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Working Paper: Non-price competitiveness of exports from emerging countries (2013)
Working Paper: Non-price competitiveness of exports from emerging countries (2012)
Working Paper: Non-Price Competitiveness of Exports from Emerging Countries (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:empeco:v:51:y:2016:i:2:d:10.1007_s00181-015-1015-y
Ordering information: This journal article can be ordered from
http://www.springer. ... rics/journal/181/PS2
Access Statistics for this article
Empirical Economics is currently edited by Robert M. Kunst, Arthur H.O. van Soest, Bertrand Candelon, Subal C. Kumbhakar and Joakim Westerlund
More articles in Empirical Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().