Changes of Export Sophistication and its Determinants: The Case of Vietnam

• 발행기관: 한국무역연구원
• 저자명: Le Thi Thanh Mai Taegi Kim
• 간행물 정보: 『무역연구』제17권 제1호, 249~262쪽, 전체 14쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2021.02.28

영문 초록

Purpose This paper investigates changes in Vietnamese export sophistication during the period of 2005 to 2017 using the HS 6-digit trade data of 115 countries. Design/Methodology/Approach We first analyze how the export sophistication performed using data covering the period from 2005 to 2017;distinguishing the performance of Vietnam from other countries in the ASEAN region and with countries that have an equivalent income level;as well as between advanced and developing countries. Second;we conduct an empirical analysis on the determinants of export sophistication using the HS 6-digit dataset for 115 countries. Findings We found that Vietnam’s export sophistication has increased over time;and in particular;the export sophistication of the top 10 largest export products has increased faster;which implies that Vietnam’s export structure has changed to higher-quality products. Among ASEAN countries;Vietnam’s export sophistication was similar to that of low-income countries in 2005;but became similar to that of high-income countries over time. The regression results show that GDP per capita is strongly correlated with export sophistication;and that the quality of institutions;trade openness;population size;and land area also affect export quality. Research Implications Regression results show that Vietnam’s export sophistication is different from that of high-income countries;but is not different from that of other developing countries.

목차

Ⅰ. Introduction

Ⅱ. Measuring Export Sophistication

Ⅲ. Descriptive Explanation

Ⅳ. Determinants of Export Specification

Ⅴ. Conclusion

키워드

Export Sophistication Product Quality Productivity Economic Growth Vietnam