Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies
Does the content of what economies export matter for development? And, if it does, can governments improve on the export basket that the market generates through the shaping of industrial policy? This book considers these questions by reviewing rel...
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| Format: | Publication |
| Language: | English |
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Washington, DC: World Bank
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/06/16411839/export-matter-search-empirical-guidance-industrial-policies http://hdl.handle.net/10986/9371 |
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okr-10986-9371 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
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ACCOUNTING AGRICULTURAL COMMODITY AGRICULTURE AUTOMOBILES BARRIER TO ENTRY BARRIERS TO ENTRY BASKET OF GOODS BENCHMARK BEST PRACTICES BID CAPABILITIES CAPITAL MARKET CAPITALISM CELL PHONE CELL PHONES COMMODITIES COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVE MARKET COMPUTERS COORDINATION MECHANISM CORPORATION CREDIT MARKETS DATA MANIPULATIONS DEBT DEBT OVERHANG DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISPLACEMENT DIVERSIFIED PORTFOLIO DRIVERS DUMMY VARIABLE DUMMY VARIABLES ECONOMETRIC ANALYSES ECONOMIC COMPLEMENTARITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MODELS ECONOMIC RENTS ECONOMICS RESEARCH ECONOMIES OF SCALE EFFICIENCY WAGES ELECTRONICS INDUSTRY EQUIPMENT ESP EXCESS DEMAND EXCHANGE RATE EXPORTERS EXPORTS EXTERNALITY FACTORS OF PRODUCTION FINANCIAL DEVELOPMENT FINANCIAL MARKETS FOREIGN DEBT GDP PER CAPITA GLOBAL SUPPLY CHAIN GOVERNMENT INTERVENTION GROSS DOMESTIC PRODUCT GROWTH RATE HOMOGENEOUS GOODS HUMAN CAPITAL INCOME INCOME DISTRIBUTION INCOME GROWTH INCREASING RETURNS INCREASING RETURNS TO SCALE INCUMBENT INDUSTRIAL STRUCTURE INDUSTRIAL STRUCTURES INDUSTRIALIZATION INFORMATION TECHNOLOGIES INNOVATION INTERNATIONAL BANK INTERNATIONAL COMPARISON INTERNATIONAL TRADE INVENTION INVESTMENT RATES KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKET LABOR MOBILITY LICENSE LICENSES MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MACROECONOMIC VOLATILITY MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL COST MARKET DATA MARKET FAILURE MARKET FAILURES MARKET PRICE MARKET STRUCTURE MARKETING MATERIAL MATURE MARKETS MONETARY FUND MONOPOLIES MONOPOLY MONOPOLY RENTS MULTIPLE EQUILIBRIA NATIONAL ECONOMY NATIONAL INCOME NATURAL ENDOWMENTS NATURAL RESOURCE NATURAL RESOURCES NEGATIVE EXTERNALITY NET EXPORTS NPL PATENTS PER CAPITA INCOME POLITICAL ECONOMY POLITICAL INSTITUTIONS POLITICAL STABILITY PORTFOLIO PORTFOLIO DIVERSIFICATION POSITIVE COEFFICIENT POSITIVE EXTERNALITIES PRICE VOLATILITY PRIVATE SECTOR PRODUCT CATEGORIES PRODUCT DIFFERENTIATION PRODUCT INNOVATION PRODUCTION PROCESS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PROTECTIONISM PUBLIC SECTOR PURCHASING POWER QUERIES RANDOM WALK RATE OF RETURN RATES OF RETURN REAL GDP REAL WAGES REGIONAL DUMMY RENT SEEKING REPUBLIC RESERVES RESULT RESULTS RETURN SILICON SKILLED WORKERS SOCIAL NETWORKS SPECIALIZATION TECHNOLOGICAL ADVANCES TELECOM TELECOMMUNICATIONS TELEPHONE TELEVISION TELEVISIONS TIME PERIOD TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE NETWORKS TRADE POLICIES TRADE POLICY TRADE REGIMES TRADE STRUCTURE TRANSLATION TRUST FUND UNSKILLED LABOR UNSKILLED WORKERS VALUE ADDED WAGE STRUCTURE WAGES WEALTH WEALTH OF NATIONS |
| spellingShingle |
ACCOUNTING AGRICULTURAL COMMODITY AGRICULTURE AUTOMOBILES BARRIER TO ENTRY BARRIERS TO ENTRY BASKET OF GOODS BENCHMARK BEST PRACTICES BID CAPABILITIES CAPITAL MARKET CAPITALISM CELL PHONE CELL PHONES COMMODITIES COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVE MARKET COMPUTERS COORDINATION MECHANISM CORPORATION CREDIT MARKETS DATA MANIPULATIONS DEBT DEBT OVERHANG DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISPLACEMENT DIVERSIFIED PORTFOLIO DRIVERS DUMMY VARIABLE DUMMY VARIABLES ECONOMETRIC ANALYSES ECONOMIC COMPLEMENTARITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MODELS ECONOMIC RENTS ECONOMICS RESEARCH ECONOMIES OF SCALE EFFICIENCY WAGES ELECTRONICS INDUSTRY EQUIPMENT ESP EXCESS DEMAND EXCHANGE RATE EXPORTERS EXPORTS EXTERNALITY FACTORS OF PRODUCTION FINANCIAL DEVELOPMENT FINANCIAL MARKETS FOREIGN DEBT GDP PER CAPITA GLOBAL SUPPLY CHAIN GOVERNMENT INTERVENTION GROSS DOMESTIC PRODUCT GROWTH RATE HOMOGENEOUS GOODS HUMAN CAPITAL INCOME INCOME DISTRIBUTION INCOME GROWTH INCREASING RETURNS INCREASING RETURNS TO SCALE INCUMBENT INDUSTRIAL STRUCTURE INDUSTRIAL STRUCTURES INDUSTRIALIZATION INFORMATION TECHNOLOGIES INNOVATION INTERNATIONAL BANK INTERNATIONAL COMPARISON INTERNATIONAL TRADE INVENTION INVESTMENT RATES KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKET LABOR MOBILITY LICENSE LICENSES MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MACROECONOMIC VOLATILITY MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL COST MARKET DATA MARKET FAILURE MARKET FAILURES MARKET PRICE MARKET STRUCTURE MARKETING MATERIAL MATURE MARKETS MONETARY FUND MONOPOLIES MONOPOLY MONOPOLY RENTS MULTIPLE EQUILIBRIA NATIONAL ECONOMY NATIONAL INCOME NATURAL ENDOWMENTS NATURAL RESOURCE NATURAL RESOURCES NEGATIVE EXTERNALITY NET EXPORTS NPL PATENTS PER CAPITA INCOME POLITICAL ECONOMY POLITICAL INSTITUTIONS POLITICAL STABILITY PORTFOLIO PORTFOLIO DIVERSIFICATION POSITIVE COEFFICIENT POSITIVE EXTERNALITIES PRICE VOLATILITY PRIVATE SECTOR PRODUCT CATEGORIES PRODUCT DIFFERENTIATION PRODUCT INNOVATION PRODUCTION PROCESS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PROTECTIONISM PUBLIC SECTOR PURCHASING POWER QUERIES RANDOM WALK RATE OF RETURN RATES OF RETURN REAL GDP REAL WAGES REGIONAL DUMMY RENT SEEKING REPUBLIC RESERVES RESULT RESULTS RETURN SILICON SKILLED WORKERS SOCIAL NETWORKS SPECIALIZATION TECHNOLOGICAL ADVANCES TELECOM TELECOMMUNICATIONS TELEPHONE TELEVISION TELEVISIONS TIME PERIOD TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE NETWORKS TRADE POLICIES TRADE POLICY TRADE REGIMES TRADE STRUCTURE TRANSLATION TRUST FUND UNSKILLED LABOR UNSKILLED WORKERS VALUE ADDED WAGE STRUCTURE WAGES WEALTH WEALTH OF NATIONS Lederman, Daniel Maloney, William F. Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies |
| relation |
Latin America Development Forum |
| description |
Does the content of what economies
export matter for development? And, if it does, can
governments improve on the export basket that the market
generates through the shaping of industrial policy? This
book considers these questions by reviewing relevant
literature and taking stock of what is known from
conceptual, empirical, and policy viewpoints. A large
literature answers affirmatively to the first question and
suggests the characteristics that distinguish desirable
exports. More prosaically, but no less controversially,
goods which are intensive in unskilled labor are thought to
promote 'pro-poor' or 'shared growth,'
whereas those which are skilled-labor intensive are thought
to generate positive externalities for society as a whole.
Concerns about macroeconomic stability have led to a focus
on the overall composition of the export basket. This book
revisits many of these arguments conceptually and, wherever
possible, imports heuristic approaches into frameworks
where, as more familiar arguments, they can be held up to
the light, rotated, and their facets examined for brilliance
or flaws. Second, the book examines what emerges empirically
as a basis for policy design. Specifically, given certain
conceptual arguments in favor of public sector intervention,
do available data and empirical methods allow for actually
doing so with a high degree of confidence? In asking this
question, the book assumes that policy makers are competent
and seek to raise the welfare of their citizens. This
assumption permits sidestepping the debate about whether
government failures trump market failures generically: In
this sense, the book attempts to 'give industrial
policy a chance.' |
| format |
Publications & Research :: Publication |
| author |
Lederman, Daniel Maloney, William F. |
| author_facet |
Lederman, Daniel Maloney, William F. |
| author_sort |
Lederman, Daniel |
| title |
Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies |
| title_short |
Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies |
| title_full |
Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies |
| title_fullStr |
Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies |
| title_full_unstemmed |
Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies |
| title_sort |
does what you export matter? in search of empirical guidance for industrial policies |
| publisher |
Washington, DC: World Bank |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2012/06/16411839/export-matter-search-empirical-guidance-industrial-policies http://hdl.handle.net/10986/9371 |
| _version_ |
1764409083968880640 |
| spelling |
okr-10986-93712021-04-23T14:02:44Z Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies Lederman, Daniel Maloney, William F. ACCOUNTING AGRICULTURAL COMMODITY AGRICULTURE AUTOMOBILES BARRIER TO ENTRY BARRIERS TO ENTRY BASKET OF GOODS BENCHMARK BEST PRACTICES BID CAPABILITIES CAPITAL MARKET CAPITALISM CELL PHONE CELL PHONES COMMODITIES COMMODITY PRICES COMPARATIVE ADVANTAGE COMPETITIVE MARKET COMPUTERS COORDINATION MECHANISM CORPORATION CREDIT MARKETS DATA MANIPULATIONS DEBT DEBT OVERHANG DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DISPLACEMENT DIVERSIFIED PORTFOLIO DRIVERS DUMMY VARIABLE DUMMY VARIABLES E-MAIL ECONOMETRIC ANALYSES ECONOMIC COMPLEMENTARITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MODELS ECONOMIC RENTS ECONOMICS RESEARCH ECONOMIES OF SCALE EFFICIENCY WAGES ELECTRONICS INDUSTRY EQUIPMENT ESP EXCESS DEMAND EXCHANGE RATE EXPORTERS EXPORTS EXTERNALITY FACTORS OF PRODUCTION FINANCIAL DEVELOPMENT FINANCIAL MARKETS FOREIGN DEBT GDP PER CAPITA GLOBAL SUPPLY CHAIN GOVERNMENT INTERVENTION GROSS DOMESTIC PRODUCT GROWTH RATE HOMOGENEOUS GOODS HUMAN CAPITAL INCOME INCOME DISTRIBUTION INCOME GROWTH INCREASING RETURNS INCREASING RETURNS TO SCALE INCUMBENT INDUSTRIAL STRUCTURE INDUSTRIAL STRUCTURES INDUSTRIALIZATION INFORMATION TECHNOLOGIES INNOVATION INTERNATIONAL BANK INTERNATIONAL COMPARISON INTERNATIONAL TRADE INVENTION INVESTMENT RATES KNOWLEDGE ECONOMY LABOR FORCE LABOR MARKET LABOR MOBILITY LICENSE LICENSES MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MACROECONOMIC VOLATILITY MANUFACTURING MANUFACTURING INDUSTRIES MARGINAL COST MARKET DATA MARKET FAILURE MARKET FAILURES MARKET PRICE MARKET STRUCTURE MARKETING MATERIAL MATURE MARKETS MONETARY FUND MONOPOLIES MONOPOLY MONOPOLY RENTS MULTIPLE EQUILIBRIA NATIONAL ECONOMY NATIONAL INCOME NATURAL ENDOWMENTS NATURAL RESOURCE NATURAL RESOURCES NEGATIVE EXTERNALITY NET EXPORTS NPL PATENTS PER CAPITA INCOME POLITICAL ECONOMY POLITICAL INSTITUTIONS POLITICAL STABILITY PORTFOLIO PORTFOLIO DIVERSIFICATION POSITIVE COEFFICIENT POSITIVE EXTERNALITIES PRICE VOLATILITY PRIVATE SECTOR PRODUCT CATEGORIES PRODUCT DIFFERENTIATION PRODUCT INNOVATION PRODUCTION PROCESS PRODUCTION PROCESSES PRODUCTIVITY PRODUCTIVITY GROWTH PROTECTIONISM PUBLIC SECTOR PURCHASING POWER QUERIES RANDOM WALK RATE OF RETURN RATES OF RETURN REAL GDP REAL WAGES REGIONAL DUMMY RENT SEEKING REPUBLIC RESERVES RESULT RESULTS RETURN SILICON SKILLED WORKERS SOCIAL NETWORKS SPECIALIZATION TECHNOLOGICAL ADVANCES TELECOM TELECOMMUNICATIONS TELEPHONE TELEVISION TELEVISIONS TIME PERIOD TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE NETWORKS TRADE POLICIES TRADE POLICY TRADE REGIMES TRADE STRUCTURE TRANSLATION TRUST FUND UNSKILLED LABOR UNSKILLED WORKERS VALUE ADDED WAGE STRUCTURE WAGES WEALTH WEALTH OF NATIONS Does the content of what economies export matter for development? And, if it does, can governments improve on the export basket that the market generates through the shaping of industrial policy? This book considers these questions by reviewing relevant literature and taking stock of what is known from conceptual, empirical, and policy viewpoints. A large literature answers affirmatively to the first question and suggests the characteristics that distinguish desirable exports. More prosaically, but no less controversially, goods which are intensive in unskilled labor are thought to promote 'pro-poor' or 'shared growth,' whereas those which are skilled-labor intensive are thought to generate positive externalities for society as a whole. Concerns about macroeconomic stability have led to a focus on the overall composition of the export basket. This book revisits many of these arguments conceptually and, wherever possible, imports heuristic approaches into frameworks where, as more familiar arguments, they can be held up to the light, rotated, and their facets examined for brilliance or flaws. Second, the book examines what emerges empirically as a basis for policy design. Specifically, given certain conceptual arguments in favor of public sector intervention, do available data and empirical methods allow for actually doing so with a high degree of confidence? In asking this question, the book assumes that policy makers are competent and seek to raise the welfare of their citizens. This assumption permits sidestepping the debate about whether government failures trump market failures generically: In this sense, the book attempts to 'give industrial policy a chance.' 2012-07-02T16:29:57Z 2012-07-02T16:29:57Z 2012 http://documents.worldbank.org/curated/en/2012/06/16411839/export-matter-search-empirical-guidance-industrial-policies 978-0-8213-8491-6 http://hdl.handle.net/10986/9371 English Latin America Development Forum CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication |