Export growth paths in selected Asian Countries in the 21st Century
Export growth paths in selected Asian Countries in the 21st Century
Author(s): Jarosław Narękiewicz, Jerzy DudzińskiSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: East Asian economies; international trade; commodity structure of exports; world prices
Summary/Abstract: The paper attempts to evaluate the impact of the new price relations on the shifts in the positions of selected Asian economies in the global ranking of exporters. Particular attention was paid to the commodity structure of exports of highly industrialized economies such as Japan, China and newly industrialized economies. The evidence from the research suggests that these countries reacted differently to the new price relations in the world economy. Of key importance was a given country’s ability to adapt to this phenomenon by changing its commodity structure of exports on the one hand while increasing the growth rate of its volume on the other. As a consequence, three individual paths of growth in export can be distinguished for different economies: Japan, China and newly industrialized economies.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2013
- Issue No: 294
- Page Range: 24-33
- Page Count: 10