The Dangers of Export Pessimism: Developing Countries and Industrial Markets

adjustment agricultural Argentina ASEAN Australia Australian National University average capital changes China comparative advantage competition consumer costs decline demand developing countries DMECS East Asian NIEs Economic Data Bank economic growth economies of scale effect equation export growth export instability export-oriented exports of manufactures factor Finance firms foreign exchange GATT groups growth rates Hong Kong import substitution incentives income increase Indonesia industrial countries industrial market economies inputs International Economic Data International Trade intra-industry trade investment ISIC Japan labor labor-intensive manufactured major Malaysia manufactured exports market penetration ment Mexico minor exports negotiations non-oil exports nontariff barriers output Papua New Guinea percent percentage Philippines primary products protection protectionism quantitative restrictions quotas reduce relative prices Republic of Korea result selected industrial market share Singapore SITC SOURCE special and differential Statistics strategy structure Table Taiwan tariff textiles Thailand tion trade in manufactures trade policy United World Bank