Export Quality in Advanced and Developing Economies : Evidence from a New Data Set
This paper develops new estimates of export quality, based on bilateral data, which are far more extensive than previous efforts. The data cover 166 countries and hundreds of products over 1962-2014. The analysis finds that quality upgrading is par...
Main Authors: | , , , |
---|---|
Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/393571505412354558/Export-quality-in-advanced-and-developing-economies-evidence-from-a-new-data-set http://hdl.handle.net/10986/28374 |
Summary: | This paper develops new estimates of
export quality, based on bilateral data, which are far more
extensive than previous efforts. The data cover 166
countries and hundreds of products over 1962-2014. The
analysis finds that quality upgrading is particularly rapid
during the early stages of development. There is significant
cross-country heterogeneity in the growth rate of quality.
Within any given product line, quality converges over time
to the world frontier. Institutional quality, liberal trade
policies, foreign direct investment inflows, and human
capital all promote quality upgrading, although their
impacts vary across sectors. The results suggest that
reducing barriers to entry into new sectors can allow
economies to benefit from rapid quality convergence over time. |
---|