Arbeitspapier
Non-price competitiveness of exports from emerging countries
Building on the methodology pioneered by Feenstra (1994) and Broda and Weinstein (2006), we construct an export price index that adjusts for changes in the set of competitors (variety) and changes in non-price factors (quality in a broad sense) for nine emerging economies (Argentina, Brazil, Chile, China, India, Indonesia, Mexico, Russia and Turkey). The highly disaggregated dataset covers the period 1996?2011 and is based on the standardised 6-digit Harmonized System (HS). Our method highlights notable differences in non-price competitiveness across markets. China shows a huge gain in international competitiveness due to non-price factors. Similarly, Brazil, Chile, India and Turkey show discernible improvements in their competitive position when accounting for non-price factors. Oil exports account for strong improvement in Russia's non-price competitiveness, as well as the modest losses of competitiveness for Argentina and Indonesia. Mexico's competitiveness deteriorates prior to 2006 and improves afterwards.
- Language
-
Englisch
- Bibliographic citation
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Series: ECB Working Paper ; No. 1612
- Classification
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Wirtschaft
Index Numbers and Aggregation; Leading indicators
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Empirical Studies of Trade
Information and Product Quality; Standardization and Compatibility
- Subject
-
emerging countries
non-price competitiveness
quality
relative export price
- Event
-
Geistige Schöpfung
- (who)
-
Benkovskis, Konstantins
Wörz, Julia
- Event
-
Veröffentlichung
- (who)
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European Central Bank (ECB)
- (where)
-
Frankfurt a. M.
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Benkovskis, Konstantins
- Wörz, Julia
- European Central Bank (ECB)
Time of origin
- 2013
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