Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/60959 
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dc.contributor.authorMandel, Benjaminen
dc.date.accessioned2012-08-17T14:38:35Z-
dc.date.available2012-08-17T14:38:35Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/60959-
dc.description.abstractThis paper investigates the propensity of exporters in certain primary commodity sectors to innovate and then attempts to measure the associated gains. The high degree of differentiation in metal products is giving rise to the potential for vertical upgrading for a substantial portion of Latin American export sales. Estimation of a demand system for U.S. imports shows that relatively high-priced new varieties tend to gain market share, which suggests a correspondingly large increase in the relative quality of those varieties. Breaking down the types of metal products by order of their value-added in production reveals a pattern of specialization away from low-value ores and toward high-value intermediate and finished products. Upgrading varieties and shifting specialization to downstream outputs account for the vast majority of Latin America's increasing market share in metals over the past thirty years.en
dc.language.isoengen
dc.publisher|aFederal Reserve Bank of New York |cNew York, NYen
dc.relation.ispartofseries|aStaff Report |x508en
dc.subject.jelF14en
dc.subject.jelF43en
dc.subject.jelQ32en
dc.subject.ddc330en
dc.subject.keywordquality upgradingen
dc.subject.keywordproduct differentiationen
dc.subject.keywordresource curen
dc.titleThe dynamics and differentiation of Latin American metal exports-
dc.typeWorking Paperen
dc.identifier.ppn667315330en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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