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Export Sector Dynamics and Domestic Growth: The Case of Colombia

Author

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  • Amin Gutierrez de Pineres, Sheila
  • Ferrantino, Michael

Abstract

Analyses of Colombian data have generally failed to confirm the hypothesis of export-led growth. This paper generates several measures of export diversification and structural change in exports, and argues that these measures are useful in assessing growth externalities generated by the export sector. In a simultaneous-equations framework, increases in the rate of export structural change are associated with accelerated Colombian GDP growth. Export diversification, by contrast, is not a source of economic growth, and the reduced-form relationship between aggregate lagged export growth and GDP growth is weak. Copyright 1999 by Blackwell Publishing Ltd

Suggested Citation

  • Amin Gutierrez de Pineres, Sheila & Ferrantino, Michael, 1999. "Export Sector Dynamics and Domestic Growth: The Case of Colombia," Review of Development Economics, Wiley Blackwell, vol. 3(3), pages 268-280, October.
    • Handle: RePEc:bla:rdevec:v:3:y:1999:i:3:p:268-80
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    Cited by:

    1. Olivier Cadot & Céline Carrère & Vanessa Strauss-Kahn, 2013. "Trade Diversification, Income, And Growth: What Do We Know?," Journal of Economic Surveys, Wiley Blackwell, vol. 27(4), pages 790-812, September.
    2. David C. López-Valenzuela & Enrique Montes-Uribe & Héctor M. Zárate-Solano & Alvaro Carmona-Duarte, 2019. "Determinantes y evolución entre precios y cantidades de las exportaciones industriales de Colombia: un estudio a partir de un modelo de Panel-VAR," Borradores de Economia 1075, Banco de la Republica de Colombia.
    3. Jurany Beccie RAMÍREZ GALLEGO & Mónica Eliana FLÓREZ BUSTAMANTE, 2017. "Elasticidades ingreso y precios de las exportaciones no tradicionales en Colombia 1991-2015," Archivos de Economía 15309, Departamento Nacional de Planeación.
    4. Joshua J. Lewer & Hendrik Van den Berg, 2003. "How Large Is International Trade's Effect on Economic Growth?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 363-396, July.
    5. Greco, 2001. "Exportaciones no Tradicionales de Colombia," Borradores de Economia 170, Banco de la Republica de Colombia.
    6. Harrison, Ann & Rodríguez-Clare, Andrés, 2010. "Trade, Foreign Investment, and Industrial Policy for Developing Countries," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4039-4214, Elsevier.
    7. Ferreira, Gustavo F.C., 2009. "From Coffee Beans to Microchips: Export Diversification and Economic Growth in Costa Rica," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 47178, Southern Agricultural Economics Association.

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