Effects of Timeliness on the Trade Pattern between Primary and Processed Goods

March 9, 2017

Preview Citation

Format: Chicago

Suprabha Baniya. Effects of Timeliness on the Trade Pattern between Primary and Processed Goods, (USA: International Monetary Fund, 2017) accessed December 26, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

This paper investigates the effect of timeliness in accessing the intermediate inputs on the trade pattern. In particular, any country that has a higher ability to transport goods on time has a comparative advantage in industries that place a higher value on the timely delivery of their inputs, and this comparative advantage pattern is stronger for processed goods than for primary goods. To do this, a measure for how intensively any industry demands for the timely delivery of its intermediate inputs is constructed combining Hummels and Schaur (2013)’s calculations of the time sensitivity of products with the input-output tables.

Subject: Comparative advantage, Exports, Infrastructure, International trade, National accounts, Trade balance, Transportation

Keywords: Comparative Advantage, Direct effect, Export volume, Exports, Global, Global Value Chains, Goods industry, Infrastructure, Input-Output Linkages, Intermediate Inputs, Logistics, Processed goods, Time cost, Time Sensitivity, Trade, Trade balance, Trade cost, Trade Costs, Trade pattern, Transportation, Transportation Infrastructure, WP

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2017/044
Stock No:

WPIEA2017044
ISBN:

9781475585537
ISSN:

1018-5941

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