Jump to ContentJump to Main Navigation
Show Summary Details
More options …

Review of Economic Perspectives

Národohospodárský obzor; The Journal of Masaryk University

4 Issues per year

CiteScore 2016: 0.50

SCImago Journal Rank (SJR) 2016: 0.262
Source Normalized Impact per Paper (SNIP) 2016: 0.516

Open Access
See all formats and pricing
More options …
Volume 17, Issue 1


Export Margins, Price and Quantity of Belarus’s Export Growth

Shavkat Otamurodov / Shujin Zhu / Ihtisham ul Haq / Tenglong Zhong
Published Online: 2017-04-01 | DOI: https://doi.org/10.1515/revecp-2017-0004


This paper examines the sources of Belarus’s export growth and decomposes export growth into extensive and intensive margins. This study also aims to determine export margins for intermediate and final goods and to determine the price and quantity components of the intensive export margin. In order to achieve the desired objectives, we use two methods for decomposing export growth, the count method and the export shares method. We analyse Belarus's export growth using export data at the HS-6 digit level for the 2004-2014 period. Our results show that Belarus's exports grew mainly due to growth in the price margin during the studied period 2004-2014. However, the extensive margin was important in export growth to some extent. Comparing the growth rate across final and intermediate goods reveals that although the share of final products in Belarus’s exports is not very big (18.9% in 2014), the average annual growth in exports of final products is higher than that of intermediate goods. Our investigation also shows that Belarus produces a wide range of commodities, but the share of the most of these commodities is not large; its exports depend on a restricted range of commodities. Moreover, most of the commodities are exported to Russia and Ukraine. Our results give us reason to assume that finding new markets for their new products is one of the main challenges for developing countries wishing to increase their exports by an extensive margin. This has important implications for how policy makers promote the trade and diversification of exports.

Keywords: Export growth; Extensive margin; Intensive margin; Belarus


  • AMITI, M. & FREUND, C. (2008), An Anatomy of China’s Trade Growth. World Bank Policy Research Working Paper, no.4628, 1-29.Google Scholar

  • AMURGO-PACHECO, A. & PIEROLA, M. D. (2008), Patterns of Export Diversification in Developing Countries, World Bank Policy Research Working Paper no.4473, 1-34.Google Scholar

  • BESEDES T., & PRUSA T.J. (2011). The Role of Extensive and Intensive Margins and Export Growth. Journal of Development Economics, 96(2), 371-379. DOI: 10.1016/j.jdeveco.2010.08.013CrossrefWeb of ScienceGoogle Scholar

  • BERNARD, A.B., JENSEN, J.B., REDDING, S.J., & SCHOTT, P.K. (2009). The margins of US trade. American Economic Review, 99(2), 487-493. DOI: 10.1257/aer.99.2.487Web of ScienceCrossrefGoogle Scholar

  • BINGZHAN, S. (2011). Extensive margin, quantity and price in China’s export growth. China Economic Review, 22(2), 233-243. DOI: 10.1016/j.chieco.2011.01.007CrossrefWeb of ScienceGoogle Scholar

  • COUGHLIN, C. C. (2012). Extensive and Intensive Trade Margins: A State-by-State View. [Online] Federal Reserve Bank Working Paper. Available from: http://research.stlouisfed.org [accessed 18/12/2015] Google Scholar

  • DUTT, P., MIHOV, I., & Van ZANDT, T. (2011), Does WTO Matter for the Extensive and the Intensive Margins of Trade? CEPR Discussion Papers, no. 8293, (pp.1-34).Google Scholar

  • EATON, J., ESLAVA, M., KUGLER, M., & TYBOUT, J. (2008). Exports Dynamics in Colombia: Transactions Level Evidence. Borradores de Economia, no.522, 1-39.Google Scholar

  • FEENSTRA, R.C., (1994). New Product Varieties and the Measurement of International Prices. The American Economic Review, 84(1), 157−177.Google Scholar

  • FELBERMAYR, G. J., & KOHLER W.K. (2004). Exploring the intensive and extensive margins of world trade. CESifo working papers, no.1276, (pp.1-46).Google Scholar

  • HELPMAN, E., MELITZ, M., & RUBINSTEIN, Y. (2008). Estimating Trade Flows: Trading Partners and Trading Volumes. The Quarterly Journal of Economics, 123(2), 441-487. http://doi.org/10.1162/qjec.2008.123.2.441CrossrefGoogle Scholar

  • HUMMELS, D., & KLENOW, P. J. (2005). The Variety and Quality of a Nation’s Exports. American Economic Review, 95(3), 704-723.Google Scholar

  • KEHOE, T. J., & RUHL, K. J. (2003). How Important Is the New Goods Margin in International Trade ? Federal Reserve Bank of Minneapolis Research Department Staff Report, (pp.1-41).Google Scholar

  • MELITZ, M. J., (2003), The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity. Econometrica, 71(6), 1695-1725.Google Scholar

  • OTAMURODOV Sh, ZHU Sh., ZHONG T., & HAQ I. (2016). The role of extensive margin and intensive margin in Kazakhstan’s export growth. Ecoforum, Volume 5, 2(9), 9-16.Google Scholar

  • RISHAV B., (2015). Reconciling the WTO Effects on Trade at the Extensive and Intensive Margins. International Economic Journal, 29(2), 231-257. DOI: 10.1080/10168737.2015.1020622CrossrefGoogle Scholar

  • ROMALIS, J., (2007). NAFTA's and CUSFTA's Impact on International Trade. The Review of Economics and Statistics, MIT Press, vol. 89(3), 416-435.Google Scholar

  • TURKCAN, K., (2014). Investigating the Role of Extensive Margin, Intensive Margin, Price and Quantity Components on Turkey’s Export Growth during 1998-2011. MPRA Paper, no.53292, (pp.1-72).Google Scholar

  • TOCHITSKAYA, I., (2011). How to Increase Sophistication of Belarus’ Export Basket. IPM Research Center Policy Paper, PP/02/2011, (pp.1-11).Google Scholar

  • Foreign Trade of the Republic of Belarus. Statistical Book 2015. [Online] National Statistical Committee of the Republic of Belarus. Available from: http://www.belstat.gov.by/upload/. [Accessed 06/05/2016] (pp19-98) Google Scholar

  • Ukraine's Foreign Trade. Statistical Yearbook. [Online] State Statistics Service of Ukraine. Kyiv 2016 Available from: http://www.ukrstat.gov.ua/druk/publicat/kat_u/2016/zb/06/Zb_zt2016pdf.zip. [Accessed 13/02/2017] (p. 26) Google Scholar

  • VEERAMANI, C., & GUPTA, P. (2014). Extensive and Intensive Margins of India’s Exports : Comparison with China. (IGIDR working paper WP-2014-011). Indira Gandhi Institute of Development Research, 1-38. [Online] Available from: http://www.igidr.ac.in/pdf/publication. [Accessed 05/03/2016] Google Scholar

About the article

Received: 2016-11-29

Accepted: 2017-02-09

Published Online: 2017-04-01

Published in Print: 2017-03-01

Citation Information: Review of Economic Perspectives, Volume 17, Issue 1, Pages 81–99, ISSN (Online) 1804-1663, DOI: https://doi.org/10.1515/revecp-2017-0004.

Export Citation

© by Shavkat Otamurodov. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. BY-NC-ND 4.0

Comments (0)

Please log in or register to comment.
Log in