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Export variety, technological content and economic performance: The case of Portugal

Francisco Rebelo and Ester Silva ()

No 1310, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

Abstract: Although the analysis of the relationship between international trade and economic growth has an important tradition in the economic literature, the specific focus on a related matter, the link between export variety and economic growth, remains a relatively unexplored field of research. Recently, a few studies have approached this issue, adopting a neo-Schumpeterian framework. In line with this general frame of analysis, in this paper we investigate the impact of export variety on economic growth, cross-relating the variety dimension with technological upgrading. Cointegration econometric results based on the Portuguese experience over the past four decades (1967-2010) show that increased related variety has led to a significant growth bonus, but only in the case of technology advanced sectors. The impact of export variety on economic performance seems, therefore, to be conditioned by the technological intensity of the products involved.

Keywords: Trade; variety; economic growth; technical change; Portugal (search for similar items in EconPapers)
JEL-codes: F10 O11 O30 O52 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2013-06, Revised 2013-06
New Economics Papers: this item is included in nep-fdg, nep-his and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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