Export expansion, growth and the level of economic development

Moschos, Demetrios

doi:10.1016/0304-3878(89)90052-7

Cited by 138 publications

(66 citation statements)

References 15 publications

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“…13 Silber (1974) made use of this technique in examining the optimum size of security issues. 14 This strategy has been employed by Moschos (1989), Hotchkiss (1991), Hotchkiss et al (1994) and Averett and Hotchkiss (1996). 15 Values for ˆ I larger than 2.72 resulted in numerical errors and were clearly on the declining slope of the likelihood function.…”

Section: Endnotesmentioning

confidence: 99%

Female Labor Force Intermittency and Current Earnings: A Switching Regression Model with Unknown Sample Selection

Hotchkiss

Pitts

2003

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract: Using the Health and Retirement Survey, this paper finds a 16 percent selectivity-corrected wage penalty among women who engage in intermittent labor market activity. This penalty is experienced at a low level of intermittent activity but appears not to play an important role in a woman's decision to undertake such activity. In addition, employer preferences appear to play a larger role than human capital atrophy in the determination of the wage penalty. Terms of use: Documents inJEL classification: J22, J31, C30

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Section: Endnotesmentioning

confidence: 99%

Female Labor Force Intermittency and Current Earnings: A Switching Regression Model with Unknown Sample Selection

Hotchkiss

Pitts

2003

SSRN Journal

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“…Later, the aggregate production function was examined in cross-section studies, which considered exports as an additional input to capital and labour (Balassa, 1978 andTyler, 1981;Feder, 1983;Kavoussi, 1984;Ram, 1985;Rana, 1988;Kohli and Singh, 1989;Moschos, 1989;Fosu, 1990;Otani and Villaneuva, 1990;Dodaro, 1991;Esfahani, 1991;Salvatore and Hatcher, 1991;De Gregorio, 1992;Greenaway and Sapsford, 1994;Amirkhalkhali and Dar, 1995;Burney, 1996). Generally, these studies tend to support the view that export growth promotes overall economic growth, however, it is recognised that they do not address the issue of causality, whilst the cross-country regressions provide little insight into the way the various explanatory variables affect growth and the dynamic behaviours within countries (Giles and Williams, 2000).…”

Section: Literature Reviewmentioning

confidence: 99%

Exports, imports and economic growth in South Korea and Japan: a tale of two economies

Zang

Baimbridge

2011

Applied Economics

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This paper investigates the relationship between exports, imports and economic growth for South Korea and Japan by constructing a vector autoregression (VAR) model. Causality is examined between real GDP, real exports and real imports. Several principal results emerge from the empirical work. Firstly, the three variables are cointegrated for both countries, implying that a long-run steady state exists. Secondly, there is evidence of bi-directional causality between imports and economic growth for both countries. Finally, Japan seems to experience export-led growth, while GDP growth in South Korea has a negative effect on export growth. These contrasting findings could result from export goods in Japan exhibiting greater non-price competitive aspects, although their success fails to trigger a virtuous circle since growth fails to lead to increased exports, whilst for South Korea, output growth leads to a decrease in export growth suggesting a strong domestic market.

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“…Some find a significant positive relationship between export (growth) and per capita GDP growth, while others caution us not to assign the direction of causality (Rodriguez and Rodrik 2001). An interesting contribution by Moschos (1989) hinted at the existence of different regimes in the relationship between exports and growth. A salient feature of this literature is that the measure of export/trade openness is typically broadly defined.…”

Section: Literature Reviewmentioning

confidence: 99%

International product life cycles, trade and development stages

Audretsch

Sanders

2017

J Technol Transf

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In this paper we first propose a proxy for early stage activity in a country's exports based on product life cycle theory. Employing a conditional latent class model, we then examine the relationship between this measure and economic growth for 93 countries during the period 1988-2005. We find that the impact of early stage activity differs across three clusters of countries. And we find that GDP levels can predict the cluster and the sign of the coefficient in a non-linear manner. In the richest countries, exporting products that are in an early stage of their product life cycle is associated with higher growth rates. In contrast, we find a cluster of middle income countries with high growth rates that grow faster by exporting more mature products that are in the later stages of their life cycle. Finally, early stage activity has no significant impact on growth in the cluster of the poorest, developing countries. Countries in early stages of development should focus on acquiring market share in mature markets with routine technologies whereas emerging economies face the challenge of at some point switching from copying mature to inventing new products as they approach the global technology frontier. At that frontier they must join the advanced economies who specialise in early stage innovative products to stay ahead of increasing competition from abroad.

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Export expansion, growth and the level of economic development

Cited by 138 publications

References 15 publications

Female Labor Force Intermittency and Current Earnings: A Switching Regression Model with Unknown Sample Selection

Female Labor Force Intermittency and Current Earnings: A Switching Regression Model with Unknown Sample Selection

Exports, imports and economic growth in South Korea and Japan: a tale of two economies

International product life cycles, trade and development stages

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