Effects of Timeliness on the Trade Pattern between Primary and Processed Goods

Author/Editor:

Suprabha Baniya

Publication Date:

March 9, 2017

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

This paper investigates the effect of timeliness in accessing the intermediate inputs on the trade pattern. In particular, any country that has a higher ability to transport goods on time has a comparative advantage in industries that place a higher value on the timely delivery of their inputs, and this comparative advantage pattern is stronger for processed goods than for primary goods. To do this, a measure for how intensively any industry demands for the timely delivery of its intermediate inputs is constructed combining Hummels and Schaur (2013)’s calculations of the time sensitivity of products with the input-output tables.

Series:

Working Paper No. 17/44

Subject:

English

Publication Date:

March 9, 2017

ISBN/ISSN:

9781475585537/1018-5941

Stock No:

WPIEA2017044

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

49

Please address any questions about this title to publications@imf.org