Time as a Determinant of Comparative Advantage

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dc.creatorWilson, John S.
dc.creatorLi, Yue
dc.date2012-03-19T19:13:55Z
dc.date2012-03-19T19:13:55Z
dc.date2009-11-01
dc.date.accessioned2026-07-01T01:20:51Z
dc.descriptionIt is assumed that added time to export adds cost to and lowers the volume of trade. Time delays may also affect the composition of trade and can disproportionately reduce trade in time-sensitive goods. This paper investigates the validity of these propositions using the World Bank Doing Business database and Enterprise Surveys for 64 developing countries. The authors find that in countries where there is longer time needed to export firms in time-sensitive industries are less likely to become exporters. Moreover, firms that do export have lower export intensities. Their findings imply that time to export is a significant determinant of comparative advantage. For example, consider two industries that have the same export probability and intensity - but differ in time-sensitivity by one standard deviation. Action taken to cut time to export by 50 percent for one industry opens a 6 percentage point difference between the export probabilities of the two industries. In addition, steps to cut time delays increase export intensities by 1.9 percentage points. This impact applies to industries with different productivity levels -- and those in developing countries with different income levels.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091116085556
dc.identifierhttps://hdl.handle.net/10986/4320
dc.identifier10.1596/1813-9450-5128
dc.identifier.urihttp://hdl.handle.net/123456789/417264
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 5128
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADVERSE EFFECTS
dc.subjectAGGREGATE TRADE
dc.subjectAGGREGATE TRADE FLOWS
dc.subjectAGRICULTURE
dc.subjectAIR
dc.subjectAIR TRANSPORT
dc.subjectAUTOMOTIVE SECTOR
dc.subjectBILATERAL TRADE
dc.subjectBORDER TRADE
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITAL STOCK
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCONSUMERS
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectCUSTOMS ADMINISTRATION
dc.subjectCUSTOMS CLEARANCE
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT RESEARCH
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC RESEARCH
dc.subjectEFFICIENCY OF INFRASTRUCTURE
dc.subjectELECTRONICS INDUSTRY
dc.subjectEXCHANGE RATES
dc.subjectEXPORT GROWTH
dc.subjectEXPORT INTENSITY
dc.subjectEXPORT MARKET
dc.subjectEXPORT MARKETS
dc.subjectEXPORT ORIENTATION
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL FINANCE
dc.subjectFACTOR ENDOWMENTS
dc.subjectFINANCIAL RESOURCES
dc.subjectFOREIGN MARKET
dc.subjectFOREIGN MARKETS
dc.subjectFOREIGN OWNERSHIP
dc.subjectFOREIGN SALES
dc.subjectFREIGHT
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL MARKETS
dc.subjectGLOBAL TRADE
dc.subjectGLOBAL TRADE ANALYSIS
dc.subjectGROWTH POTENTIAL
dc.subjectHUMAN CAPITAL
dc.subjectIMPACT OF TRADE
dc.subjectIMPACT OF TRADE LIBERALIZATION
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINCREASING RETURNS
dc.subjectINEFFICIENCY
dc.subjectINFLATION RATES
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINLAND TRANSPORT
dc.subjectINSPECTION
dc.subjectINTERMEDIATE INPUTS
dc.subjectINTERNATIONAL PRODUCTION
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRANSPORT
dc.subjectINVENTORY
dc.subjectMACHINERY
dc.subjectMANUFACTURING PRODUCTIVITY
dc.subjectMARGINAL EFFECTS
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET SHARES
dc.subjectMETHODOLOGY
dc.subjectPATTERN OF TRADE
dc.subjectPRODUCTIVITY
dc.subjectREGULATORY POLICIES
dc.subjectRESEARCH WORKING PAPERS
dc.subjectSHIPPING CONTAINERS
dc.subjectSUNK COSTS
dc.subjectSURVEY DATA
dc.subjectSURVEY INSTRUMENTS
dc.subjectTARIFF BARRIERS
dc.subjectTARIFF RATES
dc.subjectTECHNIQUES
dc.subjectTERMS OF TRADE
dc.subjectTOTAL COSTS
dc.subjectTRADE BARRIERS
dc.subjectTRADE COSTS
dc.subjectTRADE EFFECT
dc.subjectTRADE FACILITATION
dc.subjectTRADE FLOWS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE PATTERNS
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE THEORIES
dc.subjectTRADE VOLUMES
dc.subjectTRANSIT
dc.subjectTRANSPORT COSTS
dc.subjectTRANSPORT MODES
dc.subjectTRANSPORT SYSTEMS
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION COST
dc.subjectTRANSPORTATION COSTS
dc.subjectVALIDITY
dc.subjectVALUE ADDED
dc.subjectVOLUME OF TRADE
dc.subjectWAGES
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.titleTime as a Determinant of Comparative Advantage

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