A Study on the Export Competitiveness of Korean and Israeli Arms : Focusing on Arms Export Diversification

Author(s):  
Ikseong Na ◽  
◽  
Jungeun Jang
2020 ◽  
Vol 3 (2) ◽  
pp. 61-76
Author(s):  
Amir Azam

Since independence, the economy has always suffered from the power struggle between democracy and autocracy, which significantly damaged the economy and gave birth to different economic issues, the export sector being one of the top most affected. Once titled among Asian Tigers, the country’s export overseas yields even to Bangladesh. The current study attempts to analyse the impact of industrial policy on export performance under democracy and autocracy. Many authors and past studies have argued that Pakistan lacks the long-term farsighted industrial policy. The paper considers the industrial policy instruments, import tariff, export subsidy, export rebate, R&D expenditures, industrial expenditures and export processing zone, while export sophistication, export diversification and export competitiveness are used as indicators of export performance from 1980 till 2018. The result of the study indicates that the democracy type of a regime promotes industrialization with expanding export base and competitiveness, while the autocratic type of a regime is helpful in producing sophisticated goods.  The analysis is focused on the descriptive basis by comparing the changes and growth in democracy and autocracy, while the Error Correction Model has been applied to see the adjustment of shocks and structural changes. Export sophistication and export diversification show a significant convergent effect, while export competitiveness demonstrates a divergent relation with our independent variables. The findings suggest that it is of sheer necessary to have a long-term farsighted industrial policy under conditions of stability to attract more and more investment in the economy to sophisticate, diversify and promote competitiveness.


2018 ◽  
pp. 71-91 ◽  
Author(s):  
I. L. Lyubimov ◽  
M. V. Lysyuk ◽  
M. A. Gvozdeva

Well-established results indicate that export diversification might be a better growth strategy for an emerging economy as long as its GDP per capita level is smaller than an empirically defined threshold. As average incomes in Russian regions are likely to be far below the threshold, it might be important to estimate their diversification potential. The paper discusses the Atlas of economic complexity for Russian regions created to visualize regional export baskets, to estimate their complexity and evaluate regional export potential. The paper’s results are consistent with previous findings: the complexity of export is substantially higher and diversification potential is larger in western and central regions of Russia. Their export potential might become larger if western and central regions, first, try to join global value added chains and second, cooperate and develop joint diversification strategies. Northern and eastern regions are by contrast much less complex and their diversification potential is small.


2016 ◽  
pp. 112-128
Author(s):  
A. Gnidchenko

The article surveys the literature that emphasizes the importance of comparative and absolute advantages for intra- and inter-industry trade. Two conclusions follow form the survey. First, unlike the traditional view, intra-industry trade is determined rather by technology than by increasing returns. Second, absolute advantages that have been ignored in international trade models for a long time play a vital role through their linkages with product quality and export diversification. We also discuss a new strand of literature that models international trade with the assumption of non-homothetic preferences.


In this paper, primarily the export specialisation pattern of Vietnam has been examined from the perspective of domestic value added exports. In addition, an effort has been made to identify presence of exaggeration in gross exports measures of industries level competitiveness. Empirical findings suggest that the export specialisation of Vietnam has reversed, and there is presence of exaggeration in the estimates of comparative advantage of ‘human capital and technology intensive’ industries that has also caused in ballooning up their shares in gross exports. Such pattern has arisen because intra-industry trade has become increasingly significant in Vietnam. Received 11th March 2019; Revised 17th October 2019, Accepted 20th October 2019


2018 ◽  
Vol 2018 ◽  
pp. 1219-1219
Author(s):  
Itzhak Gnizy ◽  
◽  
John W. Cadogan ◽  
João S. Oliveira ◽  
Asmat-Nizam Abdul-Talib

2018 ◽  
Vol 30 (3) ◽  
pp. 139-159 ◽  
Author(s):  
Eun-Young Ba ◽  
Yin-Hua Li

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