Export promotion policies and the crowding-out effect in developing countries

Critics of export promotion policies have pointed out a fallacy of composition, where what is viable for a small country acting in isolation might not be viable when pursued by a group of countries simultaneously. This paper investigates the crowding-out effect of the fallacy of composition; that is...

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Main Author: Mat Ghani, Gairuzazmi
Format: Article
Language:English
Published: Blackwell 2006
Subjects:
Online Access:http://irep.iium.edu.my/434/
http://irep.iium.edu.my/434/1/Export_Promotion_Policies.pdf
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author Mat Ghani, Gairuzazmi
author_facet Mat Ghani, Gairuzazmi
author_sort Mat Ghani, Gairuzazmi
building IIUM Repository
collection Online Access
description Critics of export promotion policies have pointed out a fallacy of composition, where what is viable for a small country acting in isolation might not be viable when pursued by a group of countries simultaneously. This paper investigates the crowding-out effect of the fallacy of composition; that is, whether developing countries that specialize in exports of manufactured products compete and crowd out one another's exports. The results of fixed-effects panel estimation suggest that developing countries are not crowding out one another's exports. Instead, they are crowding out Western European countries' exports of manufactured products.
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spelling iium-4342014-09-22T02:44:34Z http://irep.iium.edu.my/434/ Export promotion policies and the crowding-out effect in developing countries Mat Ghani, Gairuzazmi HB3711 Business cycles. Economic fluctuations Critics of export promotion policies have pointed out a fallacy of composition, where what is viable for a small country acting in isolation might not be viable when pursued by a group of countries simultaneously. This paper investigates the crowding-out effect of the fallacy of composition; that is, whether developing countries that specialize in exports of manufactured products compete and crowd out one another's exports. The results of fixed-effects panel estimation suggest that developing countries are not crowding out one another's exports. Instead, they are crowding out Western European countries' exports of manufactured products. Blackwell 2006-09 Article PeerReviewed application/pdf en http://irep.iium.edu.my/434/1/Export_Promotion_Policies.pdf Mat Ghani, Gairuzazmi (2006) Export promotion policies and the crowding-out effect in developing countries. Asian Economic Journal, 20 (3). pp. 319-331. ISSN 1467-8381 http://onlinelibrary.wiley.com/doi/10.1111/asej.2006.20.issue-3/issuetoc
spellingShingle HB3711 Business cycles. Economic fluctuations
Mat Ghani, Gairuzazmi
Export promotion policies and the crowding-out effect in developing countries
title Export promotion policies and the crowding-out effect in developing countries
title_full Export promotion policies and the crowding-out effect in developing countries
title_fullStr Export promotion policies and the crowding-out effect in developing countries
title_full_unstemmed Export promotion policies and the crowding-out effect in developing countries
title_short Export promotion policies and the crowding-out effect in developing countries
title_sort export promotion policies and the crowding-out effect in developing countries
topic HB3711 Business cycles. Economic fluctuations
url http://irep.iium.edu.my/434/
http://irep.iium.edu.my/434/
http://irep.iium.edu.my/434/1/Export_Promotion_Policies.pdf