Putting Things in Order: Patterns of Trade Dynamics and Growth

Robert Feenstra and Andrew Rose

No 5975, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We develop a procedure to rank-order countries and commodities using dis-aggregated American imports data. We find strong evidence that both countries and commodities can be ranked, consistent with the product cycle' hypothesis. Countries habitually begin to export goods to the United States according to an ordering; goods are also exported in order. We estimate these orderings using a semi-parametric methodology which takes account of the fact that most goods are not exported by most countries in our sample. Our orderings seem sensible, robust and intuitive. For instance, our country rankings derived from dis-aggregated trade data turn out to be highly correlated with macroeconomic phenomena such as national productivity levels and growth rates.

JEL-codes: F10 (search for similar items in EconPapers)
Date: 1997-03
Note: IFM ITI
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Citations: View citations in EconPapers (4)

Published as Feenstra, Robert C. and Andrew K. Rose. "Putting Things In Order: Trade Dynamics And Product Cycles," Review of Economics and Statistics, 2000, v82(3,Aug), 369-382.

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Related works:
Working Paper: PUTTING THINGS IN ORDER: PATTERNS OF TRADE DYNAMICS AND GROWTH (2003)
Working Paper: PUTTING THINGS IN ORDER: PATTERNS OF TRADE DYNAMICS AND GROWTH
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