Revealed comparative advantage indices are calculated for China (1980-2000 period) and the Chinese provinces (1990-1998 period) and then incorporated into a reduced form export equation. The results of China’s export patterns show that China has moved from a heavy industry-oriented development strategy to a comparative advantage one, with, however, marked differences among provinces. The econom...

For small resource-rich developing economies, specialization in raw exports is usually considered to be detrimental to growth and Resource-Based Industrialization (RBI) is often advocated to promote export diversification. This paper develops a new methodology to assess the performance of these RBI policies. We first formulate an adapted mean-variance portfolio model that explicitly takes into ...

This paper studies the concept of energy security from export-oriented countries' point of view. It aims to test the effects of long-term energy export strategies in the Central Asian Caspian (CAC) region, by exploring the trade-offs between a "risk" indicator and some key variables of the energy system such as the total cost, the quantities exported, and the corresponding revenues. Risk reduct...

While import-substituting industrialization policy constitute the basis for the industrialization strategies of the 1960s and 1970s in Turkey, this policy was no longer sustainable by the 1980s. For this reason, export-oriented industrialization policy was adopted with the decisions taken on January 24, 1980. In other words, the post-1980 period, Turkey's economy has adopted outwardoriented ind...

Iceland and Trinidad and Tobago are small open, high-income island economies with very specific resource-use patterns. This article presents a material flow analysis (MFA) for the two countries covering a time period of nearly five decades. Both countries have a narrow domestic resource base, their economy being largely based on the exploitation of one or two key resources for export production...

Although China has won many plaudits for its rapid transformation from an autarky to theworld’s largest recipient of foreign direct investment (FDI) and a regional export power-house, some economists –most notablyHuang (2003, 2004)– are less sanguine about the Chinese government’s long-standing policy that encourages export-oriented FDI. Their main concern seems to be that foreign firms, especi...

extending the export of high technology-based products is one of the most important goals of long term strategy of the country’s export development. in the present study, the main structures influencing the success of exportation through intangible resources (market orientation and entrepreneurial orientation) and the role of dynamism of export target market are investigated by considering the ...