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

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

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Abstract

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.

Item Type:	Article (Journal)
Additional Information:	2565/434
Uncontrolled Keywords:	fallacy of composition, export promotion policies, crowding out
Subjects:	H Social Sciences > HB Economic Theory > HB3711 Business cycles. Economic fluctuations
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences
Depositing User:	Gairuzazmi Mat Ghani
Date Deposited:	17 Jun 2011 12:57
Last Modified:	22 Sep 2014 10:44
URI:	http://irep.iium.edu.my/id/eprint/434

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