OECD Imports : Diversification and Quality Search

This paper explores the evolution of OECD imports over time and as a function of income levels, measuring the concentration of those imports across origin countries at the product level. The authors find evidence of diversification followed, in the...

Full description

Bibliographic Details
Main Authors: Cadot, Olivier, Carrere, Celine, Kukenova, Madina, Strauss-Kahn, Vanessa
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100428104917
http://hdl.handle.net/10986/3772
id okr-10986-3772
recordtype oai_dc
spelling okr-10986-37722021-04-23T14:02:12Z OECD Imports : Diversification and Quality Search Cadot, Olivier Carrere, Celine Kukenova, Madina Strauss-Kahn, Vanessa ADVERSE SELECTION BARGAINING BARRIERS TO ENTRY BENCHMARK BILATERAL TRADE CAPITAL INVESTMENTS CENTRAL BANK COMPARATIVE ADVANTAGE CONTESTABILITY CONTRACTUAL RELATIONSHIPS DEFECTIVE PRODUCTS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DIVERSIFICATION DRIVERS DUMMY VARIABLE DUMMY VARIABLES DUOPOLY ECONOMIC DEVELOPMENT ECONOMIES OF SCALE ELASTICITY ELASTICITY OF SUBSTITUTION EMERGING MARKETS EMERGING STOCK MARKETS EXPANSION EXPECTED RETURNS EXPECTED VALUE EXPORT GROWTH EXPORTER EXPORTERS EXPORTS EXTERNALITIES FIRMS GDP GDP PER CAPITA GINI COEFFICIENT GLOBALIZATION GROWTH MODELS HUMAN CAPITAL INCOME INCOME GROUPS INCOME LEVELS INCOME VOLATILITY INCOMPLETE CONTRACTS INNOVATION INTERNATIONAL BANK INTERNATIONAL ECONOMICS INTERNATIONAL TRADE KNOWLEDGE ECONOMY LABOR MANAGEMENT LDCS LESS DEVELOPED COUNTRIES MARKET ENTRY MARKET SHARE MIDDLE INCOME COUNTRIES MONOPOLY MONOPOLY PRICE MORAL HAZARD MULTINATIONAL MULTINATIONALS NATURAL RESOURCES PARENT COMPANY POLITICAL ECONOMY PORTFOLIO POSITIVE COEFFICIENT PRODUCT DIFFERENTIATION PRODUCT QUALITY PRODUCTION PROCESS PRODUCTIVITY REGULATORY BARRIERS RETURN RETURNS TO SCALE SUBSTITUTION SUPPLIER SUPPLIERS SUPPLY CHAINS TRADE REGIMES TRADING TRAINING COSTS UTILITY FUNCTION VOLATILITY WORLD TRADE ORGANIZATION This paper explores the evolution of OECD imports over time and as a function of income levels, measuring the concentration of those imports across origin countries at the product level. The authors find evidence of diversification followed, in the last years of the sample period (post-2000), by a slight re-concentration. This re-concentration is entirely explained by the growing importance of Chinese products in OECD imports. They also find evidence of relatively more volatile concentration levels for differentiated goods, consistent with a simple model of adverse selection and screening of suppliers by OECD buyers. Finally, they find that "accession" to OECD markets occurs directly (rather than after acquiring prior export experience on other markets) for more than half of the (extra-OECD) exporter/product pairs, but that one to eight years of experience enhances subsequent survival on OECD markets. Exports that reach OECD markets after more than eight years of experience elsewhere tend to survive less. 2012-03-19T18:39:32Z 2012-03-19T18:39:32Z 2010-04-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100428104917 http://hdl.handle.net/10986/3772 English Policy Research working paper ; no. WPS 5285 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVERSE SELECTION
BARGAINING
BARRIERS TO ENTRY
BENCHMARK
BILATERAL TRADE
CAPITAL INVESTMENTS
CENTRAL BANK
COMPARATIVE ADVANTAGE
CONTESTABILITY
CONTRACTUAL RELATIONSHIPS
DEFECTIVE PRODUCTS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DIVERSIFICATION
DRIVERS
DUMMY VARIABLE
DUMMY VARIABLES
DUOPOLY
ECONOMIC DEVELOPMENT
ECONOMIES OF SCALE
ELASTICITY
ELASTICITY OF SUBSTITUTION
EMERGING MARKETS
EMERGING STOCK MARKETS
EXPANSION
EXPECTED RETURNS
EXPECTED VALUE
EXPORT GROWTH
EXPORTER
EXPORTERS
EXPORTS
EXTERNALITIES
FIRMS
GDP
GDP PER CAPITA
GINI COEFFICIENT
GLOBALIZATION
GROWTH MODELS
HUMAN CAPITAL
INCOME
INCOME GROUPS
INCOME LEVELS
INCOME VOLATILITY
INCOMPLETE CONTRACTS
INNOVATION
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
KNOWLEDGE ECONOMY
LABOR MANAGEMENT
LDCS
LESS DEVELOPED COUNTRIES
MARKET ENTRY
MARKET SHARE
MIDDLE INCOME COUNTRIES
MONOPOLY
MONOPOLY PRICE
MORAL HAZARD
MULTINATIONAL
MULTINATIONALS
NATURAL RESOURCES
PARENT COMPANY
POLITICAL ECONOMY
PORTFOLIO
POSITIVE COEFFICIENT
PRODUCT DIFFERENTIATION
PRODUCT QUALITY
PRODUCTION PROCESS
PRODUCTIVITY
REGULATORY BARRIERS
RETURN
RETURNS TO SCALE
SUBSTITUTION
SUPPLIER
SUPPLIERS
SUPPLY CHAINS
TRADE REGIMES
TRADING
TRAINING COSTS
UTILITY FUNCTION
VOLATILITY
WORLD TRADE ORGANIZATION
spellingShingle ADVERSE SELECTION
BARGAINING
BARRIERS TO ENTRY
BENCHMARK
BILATERAL TRADE
CAPITAL INVESTMENTS
CENTRAL BANK
COMPARATIVE ADVANTAGE
CONTESTABILITY
CONTRACTUAL RELATIONSHIPS
DEFECTIVE PRODUCTS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT ECONOMICS
DIVERSIFICATION
DRIVERS
DUMMY VARIABLE
DUMMY VARIABLES
DUOPOLY
ECONOMIC DEVELOPMENT
ECONOMIES OF SCALE
ELASTICITY
ELASTICITY OF SUBSTITUTION
EMERGING MARKETS
EMERGING STOCK MARKETS
EXPANSION
EXPECTED RETURNS
EXPECTED VALUE
EXPORT GROWTH
EXPORTER
EXPORTERS
EXPORTS
EXTERNALITIES
FIRMS
GDP
GDP PER CAPITA
GINI COEFFICIENT
GLOBALIZATION
GROWTH MODELS
HUMAN CAPITAL
INCOME
INCOME GROUPS
INCOME LEVELS
INCOME VOLATILITY
INCOMPLETE CONTRACTS
INNOVATION
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
KNOWLEDGE ECONOMY
LABOR MANAGEMENT
LDCS
LESS DEVELOPED COUNTRIES
MARKET ENTRY
MARKET SHARE
MIDDLE INCOME COUNTRIES
MONOPOLY
MONOPOLY PRICE
MORAL HAZARD
MULTINATIONAL
MULTINATIONALS
NATURAL RESOURCES
PARENT COMPANY
POLITICAL ECONOMY
PORTFOLIO
POSITIVE COEFFICIENT
PRODUCT DIFFERENTIATION
PRODUCT QUALITY
PRODUCTION PROCESS
PRODUCTIVITY
REGULATORY BARRIERS
RETURN
RETURNS TO SCALE
SUBSTITUTION
SUPPLIER
SUPPLIERS
SUPPLY CHAINS
TRADE REGIMES
TRADING
TRAINING COSTS
UTILITY FUNCTION
VOLATILITY
WORLD TRADE ORGANIZATION
Cadot, Olivier
Carrere, Celine
Kukenova, Madina
Strauss-Kahn, Vanessa
OECD Imports : Diversification and Quality Search
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5285
description This paper explores the evolution of OECD imports over time and as a function of income levels, measuring the concentration of those imports across origin countries at the product level. The authors find evidence of diversification followed, in the last years of the sample period (post-2000), by a slight re-concentration. This re-concentration is entirely explained by the growing importance of Chinese products in OECD imports. They also find evidence of relatively more volatile concentration levels for differentiated goods, consistent with a simple model of adverse selection and screening of suppliers by OECD buyers. Finally, they find that "accession" to OECD markets occurs directly (rather than after acquiring prior export experience on other markets) for more than half of the (extra-OECD) exporter/product pairs, but that one to eight years of experience enhances subsequent survival on OECD markets. Exports that reach OECD markets after more than eight years of experience elsewhere tend to survive less.
format Publications & Research :: Policy Research Working Paper
author Cadot, Olivier
Carrere, Celine
Kukenova, Madina
Strauss-Kahn, Vanessa
author_facet Cadot, Olivier
Carrere, Celine
Kukenova, Madina
Strauss-Kahn, Vanessa
author_sort Cadot, Olivier
title OECD Imports : Diversification and Quality Search
title_short OECD Imports : Diversification and Quality Search
title_full OECD Imports : Diversification and Quality Search
title_fullStr OECD Imports : Diversification and Quality Search
title_full_unstemmed OECD Imports : Diversification and Quality Search
title_sort oecd imports : diversification and quality search
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100428104917
http://hdl.handle.net/10986/3772
_version_ 1764388254524637184