Export composition and economic growth: a spatial analysis

Authors

DOI:

https://doi.org/10.5007/2177-5230.2020v35n76p377

Abstract

This paper examines the relation between composition of exports and economic growth for a large set of countries, between 2000 and 2010 – a period characterized by a steep rise in commodity prices in international markets. The paper builds an index of exports quality, based on the classification by technological intensity proposed by Lall (2000). Taking into account the existence of spatial correlation among the variables, we estimate the relation between quality of exports and economic growth by using spatial panel data models. The results suggest that – despite the boom in commodities demand and prices during most of the decade – countries with export structures with higher technological content showed higher growth rates during the period of analysis.

Author Biographies

Gilberto Libânio, Centro de Desenvolvimento e Planejamento Regional da Universidade Federal de Minas Gerais - UFMG

Professor Associado do Departamento de Ciências Econômicas e do Programa de Pós Graduação em Economia do CEDEPLAR / UFMG.

Sueli Moro, Centro de Desenvolvimento e Planejamento Regional da Universidade Federal de Minas Gerais - UFMG

Professora Associada do Departamento de Ciências Econômicas e do Programa de Pós Graduação em Economia do CEDEPLAR / UFMG.

Anna Carolina Londe, Economista

Economista

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Published

2020-10-27

Issue

Vol. 35 No. 76 (2020)

Section

Artigos

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Licença Creative Commons
Este trabalho está licenciado com uma Licença Creative Commons - Atribuição 4.0 Internacional.