Publicação
Export sophistication and quality: crossing the two measures
| Resumo: | Several recent studies, established the importance of the dynamics of export sophistication for growth and development. Other studies, report a widening of the unit prices of each product reflecting the importance of distinguishing the level of exports quality of each country. The present study reveals the relationship between measures of export quality and sophistication. Quality is a within-product measure, while sophistication is an across-product measure. We question if the quality improvement strategies and climbing the sophistication ladder strategies are complements or substitutes, and address in each case which strategy was more successful. We aim to add to the literature of the area by bringing together these two branches of the international trade literature and by addressing how both strategies contribute to the countries production and growth. The results suggest higher relevance of the exports sophistication for the countries development in part due to some limitations of the quality measurement through the unit value. In trying to solve these unit value limitations, a new quality indicator by the name of “QUALY” was developed using a unit value ratio. The results of this new variable suggest a correlation of the exports quality with the exports sophistication and with development. This study suggests that the climbing sophistication strategy was more successful for the country’s exports over the last years, but also suggest a complementarity between exports quality and sophistication, both having positive influence for the countries development. |
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| Autores principais: | Poças, Rui Jorge Fernandes |
| Assunto: | Exports Quality Sophistication Export measures correlation Exportação Qualidade Sofisticação Correlação das medidas de exportação |
| Ano: | 2017 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade do Minho |
| Idioma: | inglês |
| Origem: | RepositóriUM - Universidade do Minho |
| Resumo: | Several recent studies, established the importance of the dynamics of export sophistication for growth and development. Other studies, report a widening of the unit prices of each product reflecting the importance of distinguishing the level of exports quality of each country. The present study reveals the relationship between measures of export quality and sophistication. Quality is a within-product measure, while sophistication is an across-product measure. We question if the quality improvement strategies and climbing the sophistication ladder strategies are complements or substitutes, and address in each case which strategy was more successful. We aim to add to the literature of the area by bringing together these two branches of the international trade literature and by addressing how both strategies contribute to the countries production and growth. The results suggest higher relevance of the exports sophistication for the countries development in part due to some limitations of the quality measurement through the unit value. In trying to solve these unit value limitations, a new quality indicator by the name of “QUALY” was developed using a unit value ratio. The results of this new variable suggest a correlation of the exports quality with the exports sophistication and with development. This study suggests that the climbing sophistication strategy was more successful for the country’s exports over the last years, but also suggest a complementarity between exports quality and sophistication, both having positive influence for the countries development. |
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