Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322376 
Year of Publication: 
2025
Series/Report no.: 
ADB Economics Working Paper Series No. 784
Publisher: 
Asian Development Bank (ADB), Manila
Abstract: 
Integration into global markets serves as a powerful catalyst for economic growth in developing economies, offering the potential to create high paying jobs and foster development. This paper uses the structural gravity model to quantify potential merchandise exports for Asian economies, identify destinations with significant untapped potential, and assess how factors such as cutting the time required to export can improve export performance. Our preliminary findings reveal that Asian economies, on average, have sustained missing exports equivalent to 6% of gross domestic product. While Asian economies perform relatively well internationally, there remains room for improvement to match top global standards.
Subjects: 
missing exports
gravity model
global financial crisis
JEL: 
F14
M31
M38
O24
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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