Manufacturing exports and institutional qualities: The case of central Asian countries

Taguchi, Hiroyuki (2022): Manufacturing exports and institutional qualities: The case of central Asian countries. Published in:

Abstract

This paper evaluates the export values of manufactured goods for the Central Asian countries by using a gravity trade model, and investigates the roles of institutional qualities in manufacturing exports based on the World Governance Indicators. The findings of this study are summarized as follows. With Kazakhstan being a benchmark country, the remaining four Central Asian countries have downward deviations in manufacturing exports and institutional qualities. Then the institutional qualities such as control of corruption, government effectiveness and rule of law are identified to be the major factors to explain the differences in the manufacturing exports’ performances.

• Item Type: MPRA Paper
• Language: English
• Keywords: Central Asia; manufacturing exports; institutional qualities; World Governance Indicators; gravity trade model
• Subjects: F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade

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