The Consequences of Export Instability for Developing Countries — A Reappraisal

Wilson, Peter

doi:10.1111/j.1467-7660.1983.tb00144.x

Cited by 5 publications

(2 citation statements)

References 18 publications

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“…One of the most debated issues in the economic development literature relates to the macroeconomic effects of export instability in developing countries (Glezakos, 1973;Kernen and Voivodas, 1975;MacBean, 1966;MacBean and Nguyen, 1980;Wilson, 1983). Though many economists disagree on these effects, the conventional wisdom in most developing countries is that export receipts should be stabilized through diversification, among other means.…”

Section: Introductionmentioning

confidence: 99%

Statutory Marketing, Farmer Price Imbalance, and Efficient Diversification of Agricultural Commodities Export

Gnepa

1993

Journal of International Food & Agribusiness Marketing

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Section: Introductionmentioning

confidence: 99%

Statutory Marketing, Farmer Price Imbalance, and Efficient Diversification of Agricultural Commodities Export

Gnepa

1993

Journal of International Food & Agribusiness Marketing

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“…Although the instability of the international tourism industry is well known, and there is a large volume of research available on the characteristics, causes and consequences of fluctuations in export earnings (for reviews of the export instability literature, see Wilson (1983), MacBean and Nguyen (1988), and Love (1987), virtually no work has been done on the instability of tourism receipts and their relationship to export earning instability. Yet, it is clearly of importance in a policy context to establish whether tourism earnings are more or less unstable than export receipts and whether they increase or decrease the net instability of total exports of goods and services.…”

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confidence: 99%

Tourism Earnings Instability in Singapore, 1972‐88

Wilson

1994

Journal of Economic Studies

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Investigates the time series relationship between export earnings instability and instability in receipts from international tourism for Singapore between 1972 and 1988. Computes four standardized instability indexes for both merchandize exports and international travel receipts, having suitably adjusted the official export series for re‐exports and corrected the two data series for trend. There is some support for the view that export receipts are more unstable than tourism receipts. Although exports are generally more unstable over the whole period, they were relatively more unstable in the early to mid‐1970s during a period of international instability. Tourism receipts, on the other hand, were relatively more unstable in the 1980s, partly as a result of world recession, but also because of structural problems in the tourism industry in Singapore. Also finds that the development of the tourism sector in Singapore has exerted a net destabilizing effect on total exports of goods and services.

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Ghana and the international cocoa market, 1956–1969

Wilson

1984

Economic Modelling

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The Consequences of Export Instability for Developing Countries — A Reappraisal

Cited by 5 publications

References 18 publications

Statutory Marketing, Farmer Price Imbalance, and Efficient Diversification of Agricultural Commodities Export

Statutory Marketing, Farmer Price Imbalance, and Efficient Diversification of Agricultural Commodities Export

Tourism Earnings Instability in Singapore, 1972‐88

Ghana and the international cocoa market, 1956–1969

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