What is it about?
This paper examines the sources of Belarus’s export growth by decomposing it into extensive and intensive margins. In order to achieve the desired objectives, we use two methods for decomposing export growth, the count method and the export shares method
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Why is it important?
Our investigation also shows that Belarus produces a wide range of commodities, but the share of the most of these commodities is not large; its exports depend on a restricted range of commodities. Moreover, most of the commodities are exported to Russia and Ukraine. Our results give us reason to assume that finding new markets for their new products is one of the main challenges for developing countries wishing to increase their exports by an extensive margin. This has important implications for how policy makers promote the trade and diversifi-cation of exports
Perspectives
The investigation of export growth by decomposition it into margins gives us extensive information about the sources of this growth. Furthermore, we will able to understand what to hampers the growth of exports in developing countries.
Shavkat Otamurodov
Hunan University
Read the Original
This page is a summary of: Export Margins, Price and Quantity of Belarus’s Export Growth, Review of Economic Perspectives, January 2017, De Gruyter,
DOI: 10.1515/revecp-2017-0004.
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