IMF Working Papers

Quality Upgrading and Export Performance in the Asian Growth Miracle

By Chris Papageorgiou, Fidel Perez-Sebastian, Nikola Spatafora

November 27, 2019

Download PDF

Preview Citation

Format: Chicago

Chris Papageorgiou, Fidel Perez-Sebastian, and Nikola Spatafora. Quality Upgrading and Export Performance in the Asian Growth Miracle, (USA: International Monetary Fund, 2019) accessed December 3, 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

We explore the contribution of product-quality upgrading to the export performance of six fast-growing Asian economies: China, India, Indonesia, Malaysia, South Korea, and Thailand. We focus on measuring the impact of quality upgrading on the changes in these countries’ sectoral export shares during 1970–2010. We build a multisector Ricardian trade model which allows for changes in product quality, and calibrate it to generate predictions about export volumes. Unlike previous literature, our approach allows estimation without employing domestic production data. Our results point to quality upgrading being a key driver of export shares.

Subject: Agricultural commodities, Commodities, Economic sectors, Export performance, Exports, International trade, Manufacturing, Oil

Keywords: Agricultural commodities, Asia and Pacific, East Asia, Export change, Export performance, Export share, Export volume, Exports, Exports data, Manufacturing, Marginal product of labor, Oil, Product export, Product quality, Quality upgrading, WP

Publication Details

  • Pages:

    33

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2019/259

  • Stock No:

    WPIEA2019259

  • ISBN:

    9781513519227

  • ISSN:

    1018-5941

You May Also Be Interested In...

2024 Review Of The Fund’s Transparency Policy And Open Archives Policy—Background Paper 3 On Key Concepts And Supportive Analysis

November 25, 2024

2024 Review Of The Fund’s Transparency Policy And Open Archives Policy—Background Paper 2 On Consultations With Executive Directors, Country Authorities, Mission Chiefs, And Civil Society Organizations

November 25, 2024

Morocco: Second Review Under The Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Morocco

November 25, 2024

Bilateral Trade in Services and Exchange Rates: Evidence of Dominant Currency Pricing

November 22, 2024