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Product Cycles in U.S. Imports Data

Author

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  • Chong Xiang

    (Purdue University)

Abstract

In this paper, I construct product-level U.S.-manufacturing-imports data for new products. I show that consistent with product cycles, the North's new-products exports to the United States, relative to its old-products exports, grow faster than the South's for over a decade; then the South catches up with the North, and this pattern is reversed. This finding holds up in parametric, nonparametric, and semiparametric estimations, and only when new products are properly identified and old products within the same industries are used as controls. There is also evidence that product cycles become shorter over time and they are technology related.

Suggested Citation

  • Chong Xiang, 2014. "Product Cycles in U.S. Imports Data," The Review of Economics and Statistics, MIT Press, vol. 96(5), pages 999-1004, December.
    • Handle: RePEc:tpr:restat:v:96:y:2014:i:5:p:999-1004
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    Citations

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    Cited by:

    1. Chen, Xiaoping & Lu, Yi & Zhu, Lianming, 2017. "Product cycle, contractibility, and global sourcing," Journal of Development Economics, Elsevier, vol. 127(C), pages 283-296.
    2. Christian Henn & Chris Papageorgiou & Jose Manuel Romero & Nikola Spatafora, 2020. "Export Quality in Advanced and Developing Economies: Evidence from a New Data Set," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 68(2), pages 421-451, June.
    3. Foellmi, Reto & Hanslin Grossmann, Sandra & Kohler, Andreas, 2018. "A dynamic North-South model of demand-induced product cycles," Journal of International Economics, Elsevier, vol. 110(C), pages 63-86.
    4. David Hummels & Jakob R. Munch & Chong Xiang, 2018. "Offshoring and Labor Markets," Journal of Economic Literature, American Economic Association, vol. 56(3), pages 981-1028, September.

    More about this item

    Keywords

    product cycles; U.S. imports; manufacturing;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General

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