Developing Country Exports of Manufactures: Moving Up the Ladder to Escape the Fallacy of Composition?

Aladin Research Commons

Developing Country Exports of Manufactures: Moving Up the Ladder to Escape the Fallacy of Composition?

Show full item record

Title: Developing Country Exports of Manufactures: Moving Up the Ladder to Escape the Fallacy of Composition?
Author: Razmi, Arslan; Blecker, Robert A.
Abstract: This paper tests for a ‘fallacy of composition’ by analysing the demand for exports of the 18 developing countries that are most specialised in manufactures in the markets of the 10 largest industrial countries. Estimated export equations (both time-series and panel data) suggest that most developing countries compete with other developing country exporters rather than with industrialised country producers. A smaller number of countries that export more high-technology products compete with industrialised country producers and also have higher expenditure elasticities for their exports. Thus, the fallacy of composition applies mainly to the larger group of countries exporting mostly low-technology products.
Description: Working paper No. 2006-06. 46 pages.
URI: http://hdl.handle.net/1961/4974
Date: 2006-04


Files in this item

Files Size Format View
2006-06.pdf 302.9Kb PDF View/Open

This item appears in the following Collection(s)

Show full item record

Search DSpace


Advanced Search

Browse

My Account

Statistics