6533b85efe1ef96bd12c049e
RESEARCH PRODUCT
Manufacturing export performance and public capital: an analysis by country technology position
Rimvie Enoc Kaboresubject
proximity to the technological frontierPublic infrastructureJEL: F - International Economics/F.F1 - Trade/F.F1.F11 - Neoclassical Models of TradeComparative advantageJEL: H - Public Economics/H.H4 - Publicly Provided Goods/H.H4.H41 - Public GoodsJEL: O - Economic Development Innovation Technological Change and Growth/O.O4 - Economic Growth and Aggregate Productivity/O.O4.O47 - Empirical Studies of Economic Growth • Aggregate Productivity • Cross-Country Output Convergence[SHS.ECO] Humanities and Social Sciences/Economics and Finance[SHS.ECO]Humanities and Social Sciences/Economics and FinanceManufacturing exportsdescription
The objective of this paper is to examine the relationship between public capital and manufacturing export performance. It also aims at investigating whether this relationship depends on the proximity of a country's technology frontier. To achieve this, we adopted a methodology that estimates the elasticities of public capital as a non-rival factor in a model that considers factor intensity as a mechanism of industrial development. We use an interaction model with panel data from 1999 to 2014 across 35 advanced and less advanced countries. Our results show that in countries far from the technology frontier, public capital accumulation is an element of industrial development as opposed to countries close to the technology frontier. The elasticity of public capital becomes more important in magnitude, particularly for African countries.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2021-10-04 |