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Title: |
Can the World Trading System Accommodate More
East Asian Style Exporters? |
| Author: |
Rodrigo, G.
Chris; Martin, Will |
| Author
Affiliation: |
International Institute, George Mason U;
World Bank |
| Source: |
International Economic Journal, Winter 1997, v. 11, no. 4, pp. 51-71 |
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Publication Date: |
Winter 1997 |
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Abstract: |
A CGE model of world trade is used to
examine whether many developing countries can simultaneously expand
manufactures exports along East Asian lines without suffering serious
terms of trade decline and consequent welfare loss. Experiments are
performed in which manufactures exports are expanded for each developing
region in turn and for all regions simultaneously. When driven by
productivity gains in manufactures exports production, welfare gains are
found to be significant and stable, even enhanced by parallel advances
in other developing regions; i.e. export growth is mutually reinforcing
as a result of extensive South-South manufactures flow, a pattern that
is intensifying. |
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