2024-03-28T08:41:21Z
https://nagoya.repo.nii.ac.jp/oai
oai:nagoya.repo.nii.ac.jp:00008834
2023-01-27T04:15:38Z
608:609:610:1056
Export Structure of ASEAN-4 and Contributions of Exports to Economic Growth
NGUYEN, Hang Thi Thu
open access
This paper examines the contribution of exports on economic growth of four ASEAN countries (Indonesia, Malaysia, the Philippines and Thailand). Estimation model is designed to show exports’ contribution to economic growth through two mechanisms: marginal productivity in export sector is higher than in non-export sector, and shifting resources from non-export to export sector positively contribute to economic growth. The analytical framework is an extension of neoclassical production function where exports and imports of intermediate inputs are added as additional explanatory variables. Time-series analysis covering period 1981-2004 is applied to each country. The separation of export into two commodity groups in the estimation is to address the specific features of export composition. The incorporation of intermediate import variable into the model is to investigate the existence of foreign exchange constraint. The results demonstrate the positive contribution of exports to economic growth. The marginal productivity in export sector is higher than the one in non-export sector in all countries. Besides, ASEAN-4 do not face a severe problem of foreign exchange constraint due to high level of intraindustry trade.
名古屋大学大学院国際開発研究科
2008-09-16
eng
departmental bulletin paper
VoR
https://doi.org/10.18999/forids.37.169
http://hdl.handle.net/2237/10588
https://nagoya.repo.nii.ac.jp/records/8834
10.18999/forids.37.169
2189-9126
1341-3732
国際開発研究フォーラム
Forum of International Development Studies
37
169
186
https://nagoya.repo.nii.ac.jp/record/8834/files/09.pdf
application/pdf
6.0 MB
2018-02-19