Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan

As globalization progresses and investment is mobile, it is ever more important for policy makers to understand drivers of growth and exports at the micro-level: Which products are being produced and exported? Which firms populate the domestic econ...

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Main Authors: Reis, José Guilherme, Taglioni, Daria
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
GDP
NPL
Online Access:http://documents.worldbank.org/curated/en/2013/01/17205299/determinants-export-growth-extensive-intensive-margins-evidence-product-firm-level-data-pakistan
http://hdl.handle.net/10986/13128
id okr-10986-13128
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGRICULTURAL PRODUCTS
AGRICULTURE
APPAREL
APPAREL INDUSTRIES
AVERAGE TRADE
BANK POLICY
BILATERAL TRADE
BUSINESS ENVIRONMENT
CENTRAL BANK
CHANGES IN TRADE
COMPARATIVE ADVANTAGE
COMPETITIVE PRODUCTS
CONSUMERS
CUSTOMS
CUSTOMS PROCEDURES
DEFLATORS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT POLICY
DOMESTIC COMPETITION
DOMESTIC MARKET
DOMESTIC PRODUCERS
DUMMY VARIABLES
ECONOMETRIC ANALYSIS
ECONOMIC DEVELOPMENTS
ECONOMIC INTEGRATION
ECONOMIC POLICY
ECONOMIES OF SCALE
ELASTICITY
EMERGING MARKETS
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXCHANGE RATES
EXOGENOUS SHOCKS
EXPORT BASKET
EXPORT BASKETS
EXPORT COSTS
EXPORT DIVERSIFICATION
EXPORT DYNAMISM
EXPORT GROWTH
EXPORT GROWTHS
EXPORT MARKET
EXPORT MARKETS
EXPORT PERFORMANCE
EXPORT PRICES
EXPORT PROCESSING
EXPORT PROCESSING ZONE
EXPORT QUOTAS
EXPORT SECTOR
EXPORT SHARE
EXPORT VALUE
EXPORT VOLUMES
EXPORTER
EXPORTERS
EXPORTS
FACE VALUE
FACTOR ENDOWMENTS
FINANCIAL CRISIS
FIXED COSTS
FOREIGN CURRENCY
FOREIGN MARKETS
FOREIGN TRADE
GDP
GDP PER CAPITA
GLOBALIZATION
GRAVITY MODEL
GROSS DOMESTIC PRODUCT
GROWTH RATE
HOMOGENEOUS GOODS
HUMAN CAPITAL
IMPORT PROCEDURES
IMPORTS
INCOME
INCOME LEVEL
INTERNATIONAL BANK
INTERNATIONAL COMPETITION
INTERNATIONAL TRADE
MACROECONOMIC ENVIRONMENT
MARGINAL PRODUCTS
MARKET ACCESS
MARKET ANALYSIS
MARKET CONCENTRATION
MARKET CONDITIONS
MARKET DISTORTIONS
MARKET DIVERSIFICATION
MARKET ENTRY
MARKET ENTRY COST
MARKET FAILURES
MARKET LEVEL
MARKET SHARE
MARKET SHARES
MERCHANDISE
MICRO-DATA
MIDDLE INCOME COUNTRIES
NPL
OPENNESS
PER CAPITA INCOME
PER CAPITA INCOMES
PORTFOLIO
PORTFOLIOS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENTS
PRICE CHANGES
PRICE VOLATILITY
PRODUCT DIFFERENTIATION
PROTECTIONIST
REAL GDP
RETAIL
SALE
SPECIALIZATION
STRUCTURAL CHANGE
TARIFF DATA
TARIFF RATE
TARIFF RATES
TELECOMMUNICATIONS
TRADE AGENDA
TRADE AGREEMENT
TRADE COMPETITIVENESS
TRADE COSTS
TRADE FLOWS
TRADE LIBERALIZATION
TRADE MORE
TRADE OPENNESS
TRADE PARTNERS
TRADE PERFORMANCE
TRADE POLICY
TRADE RELATIONS
TRADE VARIABLES
TRADING
TRANSACTION
UNILATERAL TRADE
UNILATERAL TRADE LIBERALIZATION
VALUATION
VALUE OF EXPORTS
VOLATILITY
WORLD MARKET
WORLD MARKETS
WORLD TRADE
spellingShingle AGRICULTURAL PRODUCTS
AGRICULTURE
APPAREL
APPAREL INDUSTRIES
AVERAGE TRADE
BANK POLICY
BILATERAL TRADE
BUSINESS ENVIRONMENT
CENTRAL BANK
CHANGES IN TRADE
COMPARATIVE ADVANTAGE
COMPETITIVE PRODUCTS
CONSUMERS
CUSTOMS
CUSTOMS PROCEDURES
DEFLATORS
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPMENT POLICY
DOMESTIC COMPETITION
DOMESTIC MARKET
DOMESTIC PRODUCERS
DUMMY VARIABLES
ECONOMETRIC ANALYSIS
ECONOMIC DEVELOPMENTS
ECONOMIC INTEGRATION
ECONOMIC POLICY
ECONOMIES OF SCALE
ELASTICITY
EMERGING MARKETS
EQUIPMENT
EXCHANGE RATE
EXCHANGE RATE MOVEMENTS
EXCHANGE RATES
EXOGENOUS SHOCKS
EXPORT BASKET
EXPORT BASKETS
EXPORT COSTS
EXPORT DIVERSIFICATION
EXPORT DYNAMISM
EXPORT GROWTH
EXPORT GROWTHS
EXPORT MARKET
EXPORT MARKETS
EXPORT PERFORMANCE
EXPORT PRICES
EXPORT PROCESSING
EXPORT PROCESSING ZONE
EXPORT QUOTAS
EXPORT SECTOR
EXPORT SHARE
EXPORT VALUE
EXPORT VOLUMES
EXPORTER
EXPORTERS
EXPORTS
FACE VALUE
FACTOR ENDOWMENTS
FINANCIAL CRISIS
FIXED COSTS
FOREIGN CURRENCY
FOREIGN MARKETS
FOREIGN TRADE
GDP
GDP PER CAPITA
GLOBALIZATION
GRAVITY MODEL
GROSS DOMESTIC PRODUCT
GROWTH RATE
HOMOGENEOUS GOODS
HUMAN CAPITAL
IMPORT PROCEDURES
IMPORTS
INCOME
INCOME LEVEL
INTERNATIONAL BANK
INTERNATIONAL COMPETITION
INTERNATIONAL TRADE
MACROECONOMIC ENVIRONMENT
MARGINAL PRODUCTS
MARKET ACCESS
MARKET ANALYSIS
MARKET CONCENTRATION
MARKET CONDITIONS
MARKET DISTORTIONS
MARKET DIVERSIFICATION
MARKET ENTRY
MARKET ENTRY COST
MARKET FAILURES
MARKET LEVEL
MARKET SHARE
MARKET SHARES
MERCHANDISE
MICRO-DATA
MIDDLE INCOME COUNTRIES
NPL
OPENNESS
PER CAPITA INCOME
PER CAPITA INCOMES
PORTFOLIO
PORTFOLIOS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENTS
PRICE CHANGES
PRICE VOLATILITY
PRODUCT DIFFERENTIATION
PROTECTIONIST
REAL GDP
RETAIL
SALE
SPECIALIZATION
STRUCTURAL CHANGE
TARIFF DATA
TARIFF RATE
TARIFF RATES
TELECOMMUNICATIONS
TRADE AGENDA
TRADE AGREEMENT
TRADE COMPETITIVENESS
TRADE COSTS
TRADE FLOWS
TRADE LIBERALIZATION
TRADE MORE
TRADE OPENNESS
TRADE PARTNERS
TRADE PERFORMANCE
TRADE POLICY
TRADE RELATIONS
TRADE VARIABLES
TRADING
TRANSACTION
UNILATERAL TRADE
UNILATERAL TRADE LIBERALIZATION
VALUATION
VALUE OF EXPORTS
VOLATILITY
WORLD MARKET
WORLD MARKETS
WORLD TRADE
Reis, José Guilherme
Taglioni, Daria
Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan
geographic_facet South Asia
Pakistan
relation Policy Research Working Paper;No. 6341
description As globalization progresses and investment is mobile, it is ever more important for policy makers to understand drivers of growth and exports at the micro-level: Which products are being produced and exported? Which firms populate the domestic economy? Are they successful in exporting? How are firms affected by exogenous shocks and policy intervention? Through the use of descriptive statistics and econometric analysis, this paper assesses the trade competitiveness of Pakistan using micro-data. The case of Pakistan is interesting since the country's recent trade policy has reverted to a protectionist path since the mid-2000s and trade performance is stagnating, as indicated by a decrease in its trade-to-gross domestic product ratio over the past decade and low levels of sophistication of exports. The main findings of the paper are the following. Like many other countries, Pakistan posts a high concentration of exports in the hands of a limited number of large exporters. The dominance of few exporters has increased over time and it seems associated with the changes in trade policy. Low rates of product innovation and experimentation and a low ability of the Pakistani export sector to enter into new higher growth sectors are other features emerging from the data. All in all, the mediocre performance seems to be associated with internal problems with trade-related incentives, business environment, and governance, in addition to the well-known external constraints.
format Publications & Research :: Policy Research Working Paper
author Reis, José Guilherme
Taglioni, Daria
author_facet Reis, José Guilherme
Taglioni, Daria
author_sort Reis, José Guilherme
title Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan
title_short Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan
title_full Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan
title_fullStr Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan
title_full_unstemmed Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan
title_sort determinants of export growth at the extensive and intensive margins : evidence from product and firm-level data for pakistan
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2013/01/17205299/determinants-export-growth-extensive-intensive-margins-evidence-product-firm-level-data-pakistan
http://hdl.handle.net/10986/13128
_version_ 1764422606436433920
spelling okr-10986-131282021-04-23T14:03:07Z Determinants of Export Growth at the Extensive and Intensive Margins : Evidence from Product and Firm-level Data for Pakistan Reis, José Guilherme Taglioni, Daria AGRICULTURAL PRODUCTS AGRICULTURE APPAREL APPAREL INDUSTRIES AVERAGE TRADE BANK POLICY BILATERAL TRADE BUSINESS ENVIRONMENT CENTRAL BANK CHANGES IN TRADE COMPARATIVE ADVANTAGE COMPETITIVE PRODUCTS CONSUMERS CUSTOMS CUSTOMS PROCEDURES DEFLATORS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT POLICY DOMESTIC COMPETITION DOMESTIC MARKET DOMESTIC PRODUCERS DUMMY VARIABLES ECONOMETRIC ANALYSIS ECONOMIC DEVELOPMENTS ECONOMIC INTEGRATION ECONOMIC POLICY ECONOMIES OF SCALE ELASTICITY EMERGING MARKETS EQUIPMENT EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXOGENOUS SHOCKS EXPORT BASKET EXPORT BASKETS EXPORT COSTS EXPORT DIVERSIFICATION EXPORT DYNAMISM EXPORT GROWTH EXPORT GROWTHS EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PRICES EXPORT PROCESSING EXPORT PROCESSING ZONE EXPORT QUOTAS EXPORT SECTOR EXPORT SHARE EXPORT VALUE EXPORT VOLUMES EXPORTER EXPORTERS EXPORTS FACE VALUE FACTOR ENDOWMENTS FINANCIAL CRISIS FIXED COSTS FOREIGN CURRENCY FOREIGN MARKETS FOREIGN TRADE GDP GDP PER CAPITA GLOBALIZATION GRAVITY MODEL GROSS DOMESTIC PRODUCT GROWTH RATE HOMOGENEOUS GOODS HUMAN CAPITAL IMPORT PROCEDURES IMPORTS INCOME INCOME LEVEL INTERNATIONAL BANK INTERNATIONAL COMPETITION INTERNATIONAL TRADE MACROECONOMIC ENVIRONMENT MARGINAL PRODUCTS MARKET ACCESS MARKET ANALYSIS MARKET CONCENTRATION MARKET CONDITIONS MARKET DISTORTIONS MARKET DIVERSIFICATION MARKET ENTRY MARKET ENTRY COST MARKET FAILURES MARKET LEVEL MARKET SHARE MARKET SHARES MERCHANDISE MICRO-DATA MIDDLE INCOME COUNTRIES NPL OPENNESS PER CAPITA INCOME PER CAPITA INCOMES PORTFOLIO PORTFOLIOS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PRICE CHANGES PRICE VOLATILITY PRODUCT DIFFERENTIATION PROTECTIONIST REAL GDP RETAIL SALE SPECIALIZATION STRUCTURAL CHANGE TARIFF DATA TARIFF RATE TARIFF RATES TELECOMMUNICATIONS TRADE AGENDA TRADE AGREEMENT TRADE COMPETITIVENESS TRADE COSTS TRADE FLOWS TRADE LIBERALIZATION TRADE MORE TRADE OPENNESS TRADE PARTNERS TRADE PERFORMANCE TRADE POLICY TRADE RELATIONS TRADE VARIABLES TRADING TRANSACTION UNILATERAL TRADE UNILATERAL TRADE LIBERALIZATION VALUATION VALUE OF EXPORTS VOLATILITY WORLD MARKET WORLD MARKETS WORLD TRADE As globalization progresses and investment is mobile, it is ever more important for policy makers to understand drivers of growth and exports at the micro-level: Which products are being produced and exported? Which firms populate the domestic economy? Are they successful in exporting? How are firms affected by exogenous shocks and policy intervention? Through the use of descriptive statistics and econometric analysis, this paper assesses the trade competitiveness of Pakistan using micro-data. The case of Pakistan is interesting since the country's recent trade policy has reverted to a protectionist path since the mid-2000s and trade performance is stagnating, as indicated by a decrease in its trade-to-gross domestic product ratio over the past decade and low levels of sophistication of exports. The main findings of the paper are the following. Like many other countries, Pakistan posts a high concentration of exports in the hands of a limited number of large exporters. The dominance of few exporters has increased over time and it seems associated with the changes in trade policy. Low rates of product innovation and experimentation and a low ability of the Pakistani export sector to enter into new higher growth sectors are other features emerging from the data. All in all, the mediocre performance seems to be associated with internal problems with trade-related incentives, business environment, and governance, in addition to the well-known external constraints. 2013-04-10T18:33:44Z 2013-04-10T18:33:44Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/17205299/determinants-export-growth-extensive-intensive-margins-evidence-product-firm-level-data-pakistan http://hdl.handle.net/10986/13128 English en_US Policy Research Working Paper;No. 6341 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia Pakistan