ダウンロード数: 736
タイトル: | Export sophistication: A dynamic panel data approach |
著者: | Kočenda, Evžen Poghosyan, Karen |
キーワード: | international trade export sophistication emerging and developing economies specialization dynamic panel data Monte Carlo simulation panel data estimators |
発行日: | Nov-2017 |
出版者: | Institute of Economic Research, Kyoto University |
誌名: | KIER Discussion Paper |
巻: | 980 |
開始ページ: | 1 |
終了ページ: | 28 |
抄録: | In this paper we analyze export sophistication based on a large panel dataset (2001–2015; 101 countries) and using various estimation algorithms. Using Monte Carlo simulations we evaluate the bias properties of estimators and show that GMM-type estimators outperform instrumentalvariable and fixed-effects estimators. Based on our analysis we document that GDP per capita and the size of the economy exhibit significant and positive effects on export sophistication; weak institutional quality exhibits negative effect. We also show that export sophistication is path-dependent and stable even during a major economic crisis, which is especially important for emerging and developing economies. |
URI: | http://hdl.handle.net/2433/228365 |
出現コレクション: | KIER Discussion Paper (英文版) |
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