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TRADE POLICY SPACE AND EXPORT PRODUCT DIVERSIFICATION

机译:贸易政策空间和出口产品多样化

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This paper provides a quantitative measure of the concept of trade policy space, at the macroeconomic level, and examines its impact on export product diversification. Trade policy space has been defined as the room of manoeuvre available to a government once its current trade policy is depurated from the impact of structural domestic and international factors. The analysis has been carried out using an unbalanced panel dataset comprising 165 countries (both developed and developing countries) over the period 2002-2015. Results suggest that trade policy space is positively associated with export product diversification, and the higher countries' development level, the greater is the magnitude of the positive effect of trade policy space on export product diversification. The analysis further shows for recipient-countries of Aid for Trade (AfT) flows that trade policy space is complementary with AfT inflows in inducing export product diversification. In particular, the higher the amounts of AfT inflows that accrue to these countries, the greater is the positive impact of trade policy space on export product diversification in AfT recipient-countries.
机译:本文提供了宏观经济水平,贸易政策空间概念的定量衡量标准,并审查了其对出口产品多样化的影响。贸易政策空间已被定义为一旦其目前的贸易政策从结构性国内和国际因素的影响中依赖于政府可用的机动空间。在2002-2015期间,使用包括165个国家(均发达国家和发展中国家)的不平衡面板数据集进行了分析。结果表明,贸易政策空间与出口产品多样化有关,贸易政策空间对出口产品多样化的积极影响的程度越大,越大。该分析进一步展示了接受者 - 贸易援助援助国家(船尾)流动,贸易政策空间与AFT流入诱导出口产品多样化互补。特别是,对这些国家的船尾流入的数量越高,贸易政策空间越大的积极影响是在AFT受援国在AFT受援国出口产品多样化的积极影响。

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