Finding the Order of Export Destination and Product : Evidence from Korea

This paper suggests a hypothesis if Export Destination Cycle - there is an order if export destinations and Export Product Cycle - there is an order of export products. I lace provided evidence by ranking destinations and products using disaggregated Korean export data. There are many destination countries to which many commodities are not exported from a source country. The semi-parametric method is suggested because of the locally available data set. The rankings are highly correlated with export varieties (extensive) and intensive margin, and destination income. The findings report that the destination countries to which products have been previously exported tend to race more varieties and a larger quantity, and the new commodities produced by a country are first exported to high income countries and then to others with relatively low income.