What determines export diversification in the development process? Empirical assessment.

Aleksandra Parteka; Massimo Tamberi

What determines export diversification in the development process? Empirical assessment.

Abstract

This paper assesses the role played by country-specific factors as determinants of relative export diversification. Using a panel data set for 60 countries and 20 years (1985–2004), we confirm that even after clearing out differences in income per capita, cross-country variability in the degree of export diversification is significant. In general, apart from per capita income, features influencing the size of accessible markets (domestic and foreign) are the most relevant and robust determinants of the export diversification process. Diversification opportunities grow if countries are large and not located far from economic core areas and when barriers to trade are restricted

Authors (2)

Aleksandra Parteka dr hab. inż.
Massimo Tamberi
- Universita Politecnica delle Marche Economia

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Keywords

TRADE DIVERSIFICATION

Details

Category:: Articles
Type:: artykuł w czasopiśmie wyróżnionym w JCR
Published in:: WORLD ECONOMY no. 36, edition 6, pages 807 - 826,
ISSN: 0378-5920
Language:: English
Publication year:: 2013
Bibliographic description:: Parteka A., Tamberi M.: What determines export diversification in the development process? Empirical assessment.// WORLD ECONOMY. -Vol. 36, iss. 6 (2013), s.807-826
Verified by:: Gdańsk University of Technology