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International trade determinants of unequal exchange through panel data analysis. An alternative view of international development

Villena Pérez, Julia LU (2021) EKHS42 20221
Department of Economic History
Abstract (Swedish)
I approach international development from an international relations perspective. To do so, I first review historical and current economic relationships between developed and developing countries. After confirming the existence of hidden value transfers flowing from low income to wealthy countries, I conduct a panel data analysis on 89 developing countries from 1985 to 2017. The main objective of my empirical analysis is to explore the determinants of unequal exchange present in the international economic system. I find that while openness to trade reduces unequal exchange, exporting to high income countries indeed entails an increase in the loss of value due to unequal exchange. This result is encouraging, since it opens the possibility... (More)
I approach international development from an international relations perspective. To do so, I first review historical and current economic relationships between developed and developing countries. After confirming the existence of hidden value transfers flowing from low income to wealthy countries, I conduct a panel data analysis on 89 developing countries from 1985 to 2017. The main objective of my empirical analysis is to explore the determinants of unequal exchange present in the international economic system. I find that while openness to trade reduces unequal exchange, exporting to high income countries indeed entails an increase in the loss of value due to unequal exchange. This result is encouraging, since it opens the possibility of improving the way developed and developing countries interact in the international trade arena. (Less)
Please use this url to cite or link to this publication:
author
Villena Pérez, Julia LU
supervisor
organization
course
EKHS42 20221
year
type
H2 - Master's Degree (Two Years)
subject
keywords
unequal exchange, international trade, international development, core, periphery
language
English
id
9093523
date added to LUP
2022-07-04 11:42:55
date last changed
2022-07-04 11:42:55
@misc{9093523,
  abstract     = {{I approach international development from an international relations perspective. To do so, I first review historical and current economic relationships between developed and developing countries. After confirming the existence of hidden value transfers flowing from low income to wealthy countries, I conduct a panel data analysis on 89 developing countries from 1985 to 2017. The main objective of my empirical analysis is to explore the determinants of unequal exchange present in the international economic system. I find that while openness to trade reduces unequal exchange, exporting to high income countries indeed entails an increase in the loss of value due to unequal exchange. This result is encouraging, since it opens the possibility of improving the way developed and developing countries interact in the international trade arena.}},
  author       = {{Villena Pérez, Julia}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{International trade determinants of unequal exchange through panel data analysis. An alternative view of international development}},
  year         = {{2021}},
}