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Institutions and Export Specialization: Just Direct Effects?
- Source :
-
Kyklos . Feb2009, Vol. 62 Issue 1, p129-149. 21p. 5 Charts, 2 Graphs. - Publication Year :
- 2009
-
Abstract
- Many developing countries' exports tend to be highly concentrated in terms of sectors and even products. In particular, they are strongly specialized in self-contained sectors. Recent economic literature has shown that institutions contribute to explaining this pattern. In this paper, we argue that the degree of self-containment itself is endogenous to institutions. Ceteris paribus a given sector will therefore have different levels of interactions with the rest of the economy across countries depending on the quality of institutions. We provide supportive evidence using a simultaneous equation approach on data on sectoral trade, country-specific input-output linkages, and institutional strength. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00235962
- Volume :
- 62
- Issue :
- 1
- Database :
- Academic Search Index
- Journal :
- Kyklos
- Publication Type :
- Academic Journal
- Accession number :
- 36142621
- Full Text :
- https://doi.org/10.1111/j.1467-6435.2009.00427.x