Trade and Structural Change in Pacific Asia

Bradford, Colin I.; Branson, William H.

doi:10.7208/chicago/9780226070308.001.0001

Cited by 21 publications

(6 citation statements)

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“…The Need for a Continuum Recently, Bradford and Branson (1987) and Edwards (1988) have argued that in order to rescue the policy debate from its current overly ideologized overtones it is necessary to think, once again, of trade regimes as a continuum. Table 1 contains the typology suggested by Bradford and Branson (1987).…”

Section: Naturally If Bmentioning

confidence: 99%

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Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries

Edwards¹

1989

405

452

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This paper deals with the role of trade regimes in determining economic performance and growth in the developing countries. The policy and empirical literatures on trade orientation and economic growth are critically reviewed; it is argued that a key limitation of these works has been the inability to create measures of trade orientation that are: (i) objective; (ii) continuous and (iii) comparable across countries. A growth model that relates trade orientation to the ability to absorb technological progress from the rest of the world is developed for the case of a small country. The model is tested using a new index of trade orientation that is free from the limitations described above. The results obtained using a cross country data set provide strong support to the hypothesis that, with other things given, countries with a less distorted external sector grow faster than those countries with a more distorted external sector. The new theories of economic growth are also discussed, and their usefulness for analyzing the relation between trade orientation and growth in the developing countries is assessed.

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Section: Naturally If Bmentioning

confidence: 99%

“…However, an increasing number of authors have recently begun to recognize these problems. For instance in an interesting paper on the experience of the East Asian nations, Bradford and Branson (1987) say:…”

Section: Introductionmentioning

confidence: 99%

Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries

Edwards¹

1989

405

452

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“…1 6 The supply response to the changes in relative prices associated with the trade reforms has remained sluggish in many countries, however. The primary contributing factors have been restrictive domestic 15 For discussions see 3radford andBranson (1987), andBalassa (1982).…”

Section: Commercial Policy Reformmentioning

confidence: 99%

Policies for Economic Development

Fischer

Thomas

1990

American J Agri Economics

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P.y. R_mmch. ad^ BEMl Affai Conr4ea dau ¶hum IPRE Wodaini Papmi dimbaar hetiunipafw d inv u m d cao azuuthbceech nge ot ideas among Ban sIta and a11 Shoal unied in devuozi tem Thee pepecany the nama at UNe a*hX6 dtlte Many thar vi and stauAqld be UA awnd mAed accordAngly. T'h ffi%duqV. inflmluaum. mad uIm aam the awhms' owL They bmW not be aunbaued to th World Bank. ,u Hoard of Diiarz, ILs muuganaL o my daf minm ¢uw.aM.

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“…Many empirical studies have examined the mechanisms and sources of the so-called East Asian "miracle" (e.g., Ng and Yeats, 2003;Bradford and Branson, 1987;Park and Park, 1992;World Bank, 1993). These studies suggest the importance of changing comparative advantage in the composition of US-East Asia trade.…”

Section: Introductionmentioning

confidence: 99%

Trade Dynamics in the East Asian Miracle: A Time Series Analysis of U.S.-East Asia Commodity Trade, 1962-1992

Singh

Carolan²,

Mora

2012

SSRN Journal

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We examine the composition of bilateral trade between the United States and eight Asian Pacific economies from 1962 to 1992. Two complementary time series analyses of individual commodities at the SITC four-digit level indicate that significant changes occurred in trade composition during this period. We use a measure of normalized trade balances, developed by Gagnon and Rose (1995). For the eight bilateral trade relationships, commodities representing from fifty to seventy percent of 1992 dollar trade have shown statistically significant changes in the magnitude and, in some cases, in the direction of normalized trade balances, over the thirtyyear period. Results support the conclusion that changes in trade patterns in both low-tech industries, such as textiles and clothing, and more high-tech industries, such as electronic parts and electronic goods, were important in the development of the East Asian economies.

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Trade and Structural Change in Pacific Asia

Cited by 21 publications

References 0 publications

Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries

Openness, Outward Orientation, Trade Liberalization and Economic Performance in Developing Countries

Policies for Economic Development

Trade Dynamics in the East Asian Miracle: A Time Series Analysis of U.S.-East Asia Commodity Trade, 1962-1992

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